There are over 50 annual book award handed out in the UK alone, covering fiction, genre fiction, poetry and non-fiction. Some of the more high profile are The Man Booker Prize, The Costa Book Awards, Somerset Maugham Award and the British Book Awards. In poetry, the most pretigious is the TS Eliot Prize and the National Poetry Competition. Globally, the Pulitzer Prize is America's most distinguished literary award, while globally the Nobel Prize is one of the highest accolades. Some literary awards are decided by public vote, most by a panel of critics and industry experts. The accolade of a literary award can result in a huge boost to sales and the author's profile.
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