Sam Taylor-Wood will direct the motion picture, which was penned by Matt Greenhalgh. Filming, in Liverpool and at West London's Ealing Studios, will begin in March.
Producers are Ecosse Films' Robert Bernstein and Douglas Rae, according to the industry paper.
Kristin Scott Thomas won the 2007 Olivier Award for Best Actress in a Play for her performance as Arkadina in The Seagull. She received an Academy Award nomination for her performance in "The English Patient" and has also been seen in "Four Weddings and a Funeral," "Gosford Park," "Random Hearts," "Life as a House," "The Horse Whisperer," "Angels and Insects," "The Other Boleyn Girl" and "The Walker" as well as the upcoming ""Easy Virtue," "Confessions of a Shopaholic" and "I've Loved You So Long."