Green’s Dictionary of Slang

mother hubbard n.

1. a cupboard [rhy. sl.; ult. nursery rhyme Old Mother Hubbard].

[US]Wentworth & Flexner DAS.
[UK]J. Jones Rhy. Cockney Sl.
[UK]B. Kirkpatrick Wicked Cockney Rhy. Sl.

2. (US) a shroud.

[US]C. Connors Bowery Life [ebook] W'en yer die, yer can't take it wid yer, kin yer? Dey ain't invented doze kind uv Mother Hubbards wid pockets in 'em yet.

3. nonsense, fanciful talk, lies.

[UK]J. Sullivan ‘Yesterday Never Comes’ Only Fools and Horses [TV script] Don’t give me that old Mother Hubbard.