Bloomberg reports

Awaiting for more details on the headline here but so far there isn't anything else from the Bloomberg source. The pound is barely reacting to the headline though, with cable still seen at 1.2705.

I'm a bit skeptical on this unless there is a leak within May's circles because she is just starting to speak to Cabinet ministers now. I mean she could very well pull the vote but I doubt it's officially announced yet.

Update #1: Bloomberg is citing a person familiar with the matter saying May will pull the vote that is scheduled for tomorrow evening. That's about it from the release here.

Update #2: City AM head of politics, Catherine Neilan, says that sources tell her the Brexit vote is off as well.

Update #3: BBC political editor, Laura Kuenssberg, now says that the vote will be pulled as well; citing two Cabinet sources.

Update #4: FT political correspondent also says that vote will be pulled, citing an official close to the Cabinet.