Key events
Jedidajah Otte
This from my colleague Heather Stewart:
All the fun jousting aside, Tom Kibasi from the Institute for Public Policy Research (IPPR) shares Michael Gove’s belief that it’s ultimately between Gove and Boris Johnson.
I’m going to wrap up now. Goodnight everyone.
This just in from Sky’s Beth Rigby:
These ‘92 Group endorsements are in stark contrast to the wider party, as the Independent’s John Rentoul has just shared:
Leadership contender Rory Stewart, the international development secretary, who will launch his campaign tomorrow, has accused rival candidates of having made “reckless” tax and spending pledges.
This from the Press Association:
[Stewart] said the “eye-watering” cost of his rivals’ promises risked undermining the party’s reputation for economic prudence.
According to figures released by Mr Stewart’s campaign team, Dominic Raab is the biggest spender so far with 38.2 billion of tax cuts promised.
They include raising the national insurance threshold to 12,500, scrapping stamp duty on homes under 500,000, and a 5p cut in the basic rate of income tax.
He was followed by Michael Gove, whose promise to scrap VAT and replace it with a lower and simpler sales tax was put at 20 billion.
Boris Johnson’s plan to raise the 40% tax threshold from 50,000 to 80,000 was said to cost 14.1 billion, Jeremy Hunt’s promise to cut corporation tax to 12.5% was put at 11 billion, and Sajid Javid’s suggestion he could scrap the top rate of tax was put at 700,000.
In all, Mr Stewart said their commitments added up to 84 billion.
“We must restore – for Britain and for the Conservative Party – our reputation for economic and fiscal prudence. We simply cannot make spending and tax cut promises that we can’t keep,” he said. “This number – of total spending promises by other candidates in this campaign – is eye-watering. We have to be straight with people, truthful on Brexit, and truthful on spending. “We cannot criticise Jeremy Corbyn for reckless spending pledges if we start doing the same ourselves. Cheap electoral bribes could cost us dear. Our members are smarter than this.”Mr Stewart said he would use the fiscal “headroom” from a “good” Brexit deal to invest in education and infrastructure, while borrowing to fund marketable assets such as houses as part of a drive to build two million new homes.
Dominic Raab, whose leadership campaign slogan is “For a fairer Britain”, just posted a video of his Q&A session earlier on Twitter. Asked what exactly he hoped to achieve in regard to the withdrawal agreement, Raab said he planned “a targeted forensic change to the backstop”, and that he was “absolutely committed” to leaving “on WTO-terms” if that wouldn’t bring the deal through the House of Commons.
My colleague Jessica Elgot has written up how that PLP meeting went for Jeremy Corbyn tonight. Spoiler alert: apparently not very well.
And here we have what looks like a plot twist, served hot by the BBC’s Iain Watson:
Here is my colleague Polly Toynbee’s take on the final ten in the Tory den:
The Conservative MP Lucy Allan has endorsed Sajid Javid’s leadership bid.
A very good thread by Sky’s Lewis Goodall on the very different treatments Michael Gove and Boris Johnson have enjoyed in the aftermath of their respective cocaine-gates.
My colleagues Rowena Mason and Jessica Elgot on Jeremy Hunt’s very successful first day in the leadership battle – which has propelled him to second place in the race.
And here some impressions from the PLP gathering from BuzzFeed’s Hannah Al-Othman:
BBC political editor Laura Kuenssberg on the PLP meeting:
Meanwhile, things at that PLP meeting seem to have escalated somewhat.
My colleague Jessica Elgot reports a greatly charged atmosphere and protests from members against Jeremy Corbyn’s request that Labour staff and cabinet ministers be not criticised in public.
This from the Times’ Patrick Kidd on former defence secretary Michael Fallon’s endorsement of Boris Johnson:
This from the Sun’s James Forsyth:
Caroline Lucas, Green MP for Brighton Pavilion, has also found blistering words to express the dismay the leadership contest is causing her:
We now face nearly two months of political paralysis while we are all subjected to the spectacle of Conservative party infighting. While that is going on, nothing will happen to address the real concerns of people in Britain over public services, the security of their jobs or the climate crisis.
The hypocrisy over drug-taking has been quite sickening. That’s matched only by the shamelessness of candidates throwing a few right-wing policy bones to the Conservative party membership, like tax cuts for the better-off, in the hope of buying their support.
The comments coming from some leadership contenders on how they would get round parliamentary opposition to a No Deal Brexit are deeply worrying, and show a contempt for parliamentary sovereignty and the democratic process in Britain.
When the UK was given a few months extension on the Brexit deadline, the EU warned us to use the time well. This precious time is not being well spent.
According to the BBC’s Laura Kuenssberg, David Lidington is backing Matt Hancock in the Tory leadership race.
This development seems to have stunned quite a few people. The Telegraph’s Christopher Hope has seized the opportunity to make a dig at Jeremy Hunt, who has had a rather successful day and is, as of today, one of the most dangerous contenders for Boris Johnson.