Official UK data shows that the economy grew by 0.4% in the second quarter, following a 0.6% increase in the first quarter, with business investment rising by 1.7%, exceeding the expectations of economists surveyed by Reuters. Sanjay Raja, Chief UK Economist at Deutsche Bank, stated that these figures position the UK to be the fastest-growing economy in the G7 for the second consecutive quarter. However, the International Monetary Fund warned in April that a war between the US, Israel, and Iran would hit the UK's growth prospects harder than other wealthy nations. The UK is highly exposed to rising energy prices due to its oil and gas imports, and commodity inflation has surged more than most peers in recent years. Bloomberg reported on Wednesday that UK Treasury officials presented worst-case scenario models to new Prime Minister Andy Burnham, suggesting that economic growth could slow to 0.3% next year if disruptions in the Strait of Hormuz persist.