Rachel Reeves rejects claims of £50bn ‘black hole’ in finances

Rachel Reeves has rejected forecasts of a £50bn "black hole" in the public finances, despite higher borrowing costs and expected tax rises piling pressure on the chancellor ahead of the autumn Budget.In an exclusive interview with the BBC, Reeves hit back at reports speculating over her plans, arguing that "a lot of them are talking rubbish".It comes after the cost of long-term government borrowing rose to a…