Nine candidates have now declared their intention to run to replace Boris Johnson - Penny Mordaunt is the latest to declare

Tax is high on the agenda, with Sajid Javid and Jeremy Hunt both saying they will cancel the planned rise in corporation tax and reduce it further

Jeremy Hunt denies tax cuts would exacerbate inflation, and says he would appoint Esther McVey as his deputy

Sajid Javid denies he was naive to trust Boris Johnson and says he would cut taxes so that people could keep more of their money

Former chancellor Rishi Sunak is the bookies' favourite and has suggested tax cuts will have to wait

Chancellor Nadhim Zahawi and Transport Secretary Grant Shapps have also joined the race

Former equalities minister Kemi Badenoch, Attorney General Suella Braverman and Tom Tugendhat, chair of the Commons foreign affairs committee, are also running

Allies of Liz Truss say she will throw her hat in the ring, and Priti Patel is also being touted as a contender