As noted by Guido, via the Hull Daily Mail, John Prescott will be be announcing that he stepping down as an MP on Saturday. It's quite likely that this time the Hull Daily Mail is right, unlike last time when they said it would happen two months ago. Guido has noted that "former Shipley MP, Chris Leslie, Jonathan Ashworth: a Tresury SpAd and Brownite loyalist, popular local councillor Steven Bayes and his spin-doctor son David Prescott" are all in the running.
However he missed one person out, former local councillor, Gary Wareing. He lost his seat in May and is apparently a strong local candidate and the Hull Daily Mail tipped him when it last ran this story. Who knows though? Guess we have to wait and see.