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Johnson pledges tax cut as race to succeed premier May starts

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LONDON: Leading Brexit advocate Boris Johnson promised tax cuts for higher earners if he becomes Britain’s next prime minister as the contest to replace Theresa May — and take charge of the EU divorce — officially kicked off on Monday.


May stepped down as leader of the ruling Conservative Party on Friday, having failed three times to win parliament’s support for a European Union divorce deal that was supposed to address Britain’s biggest political crisis in a generation.


Nominations to replace her must be submitted on Monday, and each of the 11 declared candidates needs to secure at least eight backers from the Conservatives’ 300-plus elected lawmakers.


A number of the contenders look set to fall short, and voting later this week will whittle the field down further.


At campaign launches on Monday, several made their pitches. While all were keen to set out a domestic agenda, it was Brexit that dominated.


Nearly all promised that they could solve the Brexit conundrum - which eluded May in three years of EU talks — in just three months, between the new leader being chosen at the end of July and the current exit date of October 31.


“Without Brexit, there will be no Conservative government and maybe no Conservative party,” foreign minister Jeremy Hunt said at his campaign launch. “From my conversations with European leaders, it is clear to me there is a deal to be done; they want us to come up with proposals.”


Dominic Raab, who quit as Brexit minister over May’s divorce deal, said he too could get a new agreement but promised that the United Kingdom would leave the EU on October 31, even if that meant reverting to basic World Trade Organization trade terms.


“I’m the Brexiteer that you can rely on,” he said.


At his launch, health minister Matt Hancock, who has ruled out a no-deal departure, said: “We don’t need a ‘leaver’, we don’t need a ‘remainer’, we need a leader for the future.”


The differences between the candidates reflect the Conservative disunity on the issue, which has meant that, three years after the United Kingdom voted by 52 per cent to 48 per cent to quit the EU, it remains unclear how, when or even whether it will leave.


The uncertainty has hit Britain’s economy, which shrank by 0.4 per cent in April, official figures showed on Monday — a bigger drop than any economist had forecast in a Reuters poll last week. — Reuters


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