When is the next general election debate?
The programme will be simulcast on Sky News and Channel 4 for a chance to field questions from a live audience for the first time this campaign.
Channel Four’s political editor Faisal Islam will begin with a 22 minute session of questions pitched by members of the audience.
Interview veteran Jeremy Paxman will then take over for 18 minutes of hard interrogation on the leaders’ election pledges.
But the two leaders will not face other head-to-head, but rather will be interviewed by the audience Mr Paxman individually.
Mrs May made it clear from the start of her campaign, that she would not be attending any televised debates this election.
Mr Corbyn challenged Mrs May earlier this month to an ITV debate during a live Facebook Q&A, but the Conservative leader said it was more important to take questions directly from voters.
"I don’t think people get much out of seeing politicians having a go at each other," she said.
Plaid Cymru's Leanne Wood said ahead of the debate: "The Prime Minister and the Labour leader's absence will no doubt cast a shadow over the event. Their refusal to take part is inexcusable.
"They are denying people access to the widest possible range of opinion. It's not good for democracy."
The next major debate will take place on Wednesday May 31 at 7.30pm on BBC One with BBC World News presenter Mishal Hussain live from Cambridge.
Here is a full list of the general election TV debates
Get Quotes on Home Insurance
Theresa may declared she would not participate in televised debates this year
After Mrs May’s refusal to take part, the debate will be between “senior party members instead” of only leaders.
Mrs May has said that she will not take part in any TV debates because she is concentrating her efforts entirely on the campaign trail.
She said: "We won't be doing television debates. I believe in campaigns where politicians actually get out and about and meet with voters.
We won't be doing television debates
Theresa May, Conservative Prime Minister
"That's what I have always believed in, it's what I still believe and I still do it – as Prime Minister, as a constituency MP, I still go out and knock on doors in my constituency.”
Jonathan Munro, head of BBC newsgathering, said: “It is firmly in the public interest for audiences to hear from those seeking election.
“We know they connect with these formats because they are a public moment to focus on and audience members from all across the country get the chance to ask politicians their own questions.”
Snap election 2017: The pictures politicians may not want you to see Sat, May 27, 2017
Protests, fights and daleks, it's all happening as the politicians hit the campaign trail for the snap election
PA 1 of 48
Jeremy Corbyn during a visit to Hackney Marshes Football Pitches, to highlight Labour's manifesto commitment to ensure 5% of the Premier League's television rights income is diverted to the grassroots game, during a General Election campaign
When are the other TV debates and election programmes?
Despite refusing to take part in TV debates, Mrs May will appear on several televised shows to defend her election pledges.
She will appear alongside Mr Corbyn on a special edition of BBC’s Question Time with David Dimbleby on Friday June 2.
Former Newsnight presenter Jeremy Paxman will grill the two party leaders on Monday May 29 in a simulcast on Sky News and Channel 4.
Mrs may will face Jeremy Corbyn in an interview with Jeremy Paxman May 29
Here is the full list of upcoming general election debates:
Monday May 29 – Channel Four/Sky News 8.30pm. Theresa May and Jeremy Corbyn with Jeremy Paxman and live audience.
Wednesday 31 May – BBC 7.30pm. Seven way debate with senior party members.
Friday June 2 – BBC 8.30pm. Theresa May and Jeremy Corbyn on a Question Time special with David Dimbleby.
Sunday June 4 – BBC 6pm – Nicola Sturgeon and Tim Farron on a Question Time special with David Dimbleby.
Sunday June 4 – BBC 10.35pm. Election Questions with Leanne Wood.
Tuesday June 6 – BBC Radio 10.35pm. BBC Newsbeat youth debate.