UK PM hopeful and prominent Leave campaigner Andrea Leadsom is to make a press statement at 11.00 GMT
Laura Kuenssberg, Political Editor, BBC tweeting and now picked up by Reuters
GBP finding some support on the news with perception of 1) preferred/better known/more experience candidate May will prevail and 2) relative uncertainty now expected to be over
What a way to become PM and what a farce. Leadsom is claiming she's the victim of a smear campaign over her reported comments on being a better candidate because she's a mother and May isn't but she has since apologized.
Her conceding to May will be the final piece of the jigsaw/drama
Update 11.07 GMT: Statement delayed amidst last minute pleas by her team to change her mind
