Derek Pain wins Inchcape Falshaw Award

Derek Pain, The Independent's stock market reporter, has won the Inchcape Falshaw Award as stock market reporter of the year for the second year in succession.

The panel of judges included Brian Winterflood of Winterflood Securities, Peter Meinertzhagen of ABN Amro Hoare Govett, Nicola Horlick of Morgan Grenfell Asset Management, Hugh Jones of the Prudential and Philip Yea of Guinness.

Mr Winterflood said Derek's stock market reports and his week ahead column were "clear, concise and informative. He always manages to tell you something you didn't know."

The award is sponsored by Inchcape.