Sources have confirmed that the Eton-educated bishop will be announced as successor to Dr Rowan Williams as early as Friday, after the Crown Nominations Commission put his name forward to Downing Street.The bookies and Ruth Gledhill were right.
It marks a meteoric rise for the former oil executive who has been a bishop for only a year, but insiders described Welby as "the outstanding candidate".
Bishop Welby supports women bishops, but so far as I can discern, he probably does not favor either same-sex marriage or gay bishops.
UPDATE FROM THE BBC:
In a pastoral letter to his diocese on the issue he wrote how he was "committed to and believes in the ordination of women as bishops".
He has been less forthright about his views on homosexuality. While he has rigorously defended the Church's right to oppose single-sex marriages, he has also been keen to accommodate opposing views expressed from a position of deeply held faith.