I understand from some serious "surfing" that this could be ABS sensor or ABS module. The sensor on the rear nearside wheel also controls speedo. This could just need a clean or replacing if that doesn't cure the problem.
Worst case scenario is a new ABS module, which could be £1000+ from dealer but I am led to believe originals can be fixed for cheaper. I've not found out where yet (so if anyone knows...) but this would obviously be a great saving.
Hope this info proves useful to someone...I just need to get mine fixed now!