Carol Ann Duffy Funds Poetry Prize With Laureate Stipend "[T]he prize, known as the Ted Hughes award for new work in poetry, will be awarded annually throughout Duffy's 10-year term as laureate. ... The prize, worth £5,000, will go to a UK poet working in any form - including poetry collections for adults and children, individual poems, radio poems, translations and verse dramas - who has made the 'most exciting contribution' to poetry that year."
The Guardian (UK) 07/09/09