Throughout the decades, Charles Dickens’ Great Expectations has been the subject of a number of film and TV adaptations (including Alfonso Cuarón’s 1998 visually sumptuous modernisation) and now under the guise of seasoned British helmsman Mike Newell, another version is in the works.

The Hollywood Reporter brings news that Newell is readying a new production of the classic in time for Charles Dickens’s bicentenary in 2012, following Screen Daily’s story of last week.

Great Expectations is the story of the orphan Pip, who lives on the English marshes with his sister and brother-in-law and (amongst many other exploits) ends of falling in love with adopted girl Estella despite the class and social differences.

Oscar-winning Stephen Woolley and Elizabeth Karlsen are the two producers onboard here. Newell’s last big screen offering was the somewhat different in tone Prince of Persia: The Sands of Time.