Today, we speak to Chancellor Rachel Reeves, the day after she announced her public spending audit and blamed the Conservatives for a ‘black hole’ in public finances. Adam and Chris join Chancellor Reeves in the Treasury to hear about the conversations she had with officials the day after the election and whether it’s fair to accuse Shadow Chancellor Jeremy Hunt of a ‘cover up’. And, Adam is joined by BBC Breakfast presenter Jon Kay to talk about his reporting from Southport, where a community mourns 3 young girls who have died following a knife attack on Monday. You can join our Newscast online community here: https://tinyurl.com/newscastcommunityhere Newscast brings you daily analysis of the latest political news stories from the BBC. It was presented by Adam Fleming. It was made by Miranda Slade with Gemma Roper and Sam McLaren. The technical producer was Mike Regaard. The assistant editor is Chris Gray. The senior news editor is Sam Bonham.
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Hello, it's Adam in the newscast studio.
But a couple of hours ago, I was in the office of the chancellor of the Exchequer in the treasury in Whitehall, because Chris and I were invited there by Rachel Reeves, the chancellor, to have a chat with her about loads of things.
But particularly she wanted to follow up on what she'd been doing on Monday in parliament when she was unveiling her audit that she'd commissioned from treasury officials of what kind of spending commitments she'd inherited from the previous government.
And in her words, she inherited a black hole of spending commitments that weren't funded or spending that had become much more expensive than anyone had expected, and which she totted up to a total of 22 billion pounds.
Although, as we discovered on yesterday's episode of newscast, quite a big chunk of that black hole comes from a decision she made about public sector pay.
So there was loads of stuff we could ask Rachel Reeves, which we did in her office.
Newscast.
Newscast from the BBC.
The exit poll is predicting a labor landslide.
We did it.
And before you know it, you have a bright future behind you.
I really don't know what he said at the end of that sentence.
Joe, you did such a great job.
You answered every question.
Take me down to Downing street.
Let's go have a tour.
Blimey little chancellor.
I'll let you take a sip of your water from your newscast mug.
Thank you very much.