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| Tory leadership contest: Boris Johnson pledges to cut income tax | Tory leadership contest: Boris Johnson pledges to cut income tax |
| (30 minutes later) | |
| Boris Johnson has pledged to cut income tax bills for people earning more than £50,000 a year if he wins the race to succeed Theresa May as prime minister. | Boris Johnson has pledged to cut income tax bills for people earning more than £50,000 a year if he wins the race to succeed Theresa May as prime minister. |
| The former foreign secretary told the Telegraph he would use money currently set aside for a no-deal Brexit to raise the 40% tax rate threshold to £80,000. | The former foreign secretary told the Telegraph he would use money currently set aside for a no-deal Brexit to raise the 40% tax rate threshold to £80,000. |
| His promise came as Work and Pensions Secretary Amber Rudd said she believed Jeremy Hunt should be prime minister. | His promise came as Work and Pensions Secretary Amber Rudd said she believed Jeremy Hunt should be prime minister. |
| Tory MPs have until 17:00 BST to enter the race to become party leader and PM. | Tory MPs have until 17:00 BST to enter the race to become party leader and PM. |
| Mrs May officially stepped down as the leader of the Conservative Party last week, but will remain as prime minister until her successor is chosen. | Mrs May officially stepped down as the leader of the Conservative Party last week, but will remain as prime minister until her successor is chosen. |
| Conservative MPs who want to replace her must have the backing of eight other party colleagues to officially enter the contest. | Conservative MPs who want to replace her must have the backing of eight other party colleagues to officially enter the contest. |
| But Michael Gove, one of the 11 to have so far declared their intention to run, has faced calls to drop out of the race after he admitted using cocaine several times more than 20 years ago. | |
| Former party chairwoman Baroness Warsi said it would be "hypocrisy of the highest order" for Mr Gove to remain in the contest, after an article he wrote in 1999 in which he criticised "middle class professionals" who took drugs was republished. | Former party chairwoman Baroness Warsi said it would be "hypocrisy of the highest order" for Mr Gove to remain in the contest, after an article he wrote in 1999 in which he criticised "middle class professionals" who took drugs was republished. |
| Apologising on the Andrew Marr Show on Sunday, the environment secretary said he was "fortunate" to have avoided prison. | Apologising on the Andrew Marr Show on Sunday, the environment secretary said he was "fortunate" to have avoided prison. |
| And at his campaign launch on Monday, Mr Gove is expected to insist he is "undaunted" by criticism, and will say he can both deliver Brexit and "stop Jeremy Corbyn ever getting the keys to Downing Street". | And at his campaign launch on Monday, Mr Gove is expected to insist he is "undaunted" by criticism, and will say he can both deliver Brexit and "stop Jeremy Corbyn ever getting the keys to Downing Street". |
| Meanwhile, Mr Johnson told the Telegraph he planned to cut income tax bills for three million people by using money from a pot set aside by the Treasury for "fiscal headroom" in the event of a no-deal Brexit. | Meanwhile, Mr Johnson told the Telegraph he planned to cut income tax bills for three million people by using money from a pot set aside by the Treasury for "fiscal headroom" in the event of a no-deal Brexit. |
| The paper estimates the move would cost £9.6bn a year. | The paper estimates the move would cost £9.6bn a year. |
| "We should be raising thresholds of income tax so that we help the huge numbers that have been captured in the higher rate by fiscal drag," Mr Johnson said. | "We should be raising thresholds of income tax so that we help the huge numbers that have been captured in the higher rate by fiscal drag," Mr Johnson said. |
| However, Ms Rudd, leader of the centrist One Nation Conservative Caucus group and an influential voice on the Remain-supporting wing of the party, told the Times: "These are serious times and we need a respected statesman who Brussels will listen to, not more bluster." | However, Ms Rudd, leader of the centrist One Nation Conservative Caucus group and an influential voice on the Remain-supporting wing of the party, told the Times: "These are serious times and we need a respected statesman who Brussels will listen to, not more bluster." |
| Launching his campaign for leader on Monday, Mr Hunt will say the challenge of Brexit calls for an "experienced, serious leader", not the "art of empty rhetoric". | Launching his campaign for leader on Monday, Mr Hunt will say the challenge of Brexit calls for an "experienced, serious leader", not the "art of empty rhetoric". |
| Who will replace Theresa May? | Who will replace Theresa May? |
| The winner of the contest to lead the Conservative Party will become the next prime minister. | The winner of the contest to lead the Conservative Party will become the next prime minister. |
| As the nominations officially open: | As the nominations officially open: |
| BBC political correspondent Chris Mason said five of the candidates appeared to fall short of having eight supporters - the number required to put themselves forward in the contest. | BBC political correspondent Chris Mason said five of the candidates appeared to fall short of having eight supporters - the number required to put themselves forward in the contest. |
| However, he noted many Tory MPs had yet to declare who they were backing. | However, he noted many Tory MPs had yet to declare who they were backing. |
| Whereas candidates in the past would have only needed two MPs supporting them, senior Tories decided to change the rules earlier this month in a bid to speed up the contest. | Whereas candidates in the past would have only needed two MPs supporting them, senior Tories decided to change the rules earlier this month in a bid to speed up the contest. |
| After nominations close, all 313 Conservative MPs will vote for their preferred candidate in a series of ballots held on 13, 18, 19 and 20 June to whittle down the contenders one by one until only two are left. | After nominations close, all 313 Conservative MPs will vote for their preferred candidate in a series of ballots held on 13, 18, 19 and 20 June to whittle down the contenders one by one until only two are left. |
| Due to another rule change, candidates will need to win the votes of at least 16 other MPs in the first ballot and 32 colleagues in the second to proceed. | Due to another rule change, candidates will need to win the votes of at least 16 other MPs in the first ballot and 32 colleagues in the second to proceed. |
| If all the candidates exceed this threshold, the person with the fewest votes will be eliminated, a process that will continue in subsequent rounds until only two remain. | If all the candidates exceed this threshold, the person with the fewest votes will be eliminated, a process that will continue in subsequent rounds until only two remain. |
| The final two will be put to a vote of members of the wider Conservative Party from 22 June, with the winner expected to be announced about four weeks later. | The final two will be put to a vote of members of the wider Conservative Party from 22 June, with the winner expected to be announced about four weeks later. |
| On Tuesday 18 June BBC One will be hosting a live election debate between the Conservative MPs who are still in the race. | On Tuesday 18 June BBC One will be hosting a live election debate between the Conservative MPs who are still in the race. |
| If you would like to ask the candidates a question live on air, use the form below. It should be open to all of them, not a specific politician. | If you would like to ask the candidates a question live on air, use the form below. It should be open to all of them, not a specific politician. |