EUR/GBP to a 2.5 year high.The news from earlier:UK PM Starmer and fin min Reeves drop plan to hike income tax ratesGBP is taking a hit after the report that Starmer is going to drop plan to hike tax ratesMore on UK drops income-tax hike plans ahead of November budgetMemories of the Russ tantrum are not so old for traders of the UK. Fiscal wobbles like this get a response. This article was written by Eamonn Sheridan at investinglive.com.