The Literature Prize is to be awarded in the spring of each year, with founder Andrew Kidd saying it will take place for the first time in 2012 if the necessary funding is secured by the end of this year. Kidd said the prize would be awarded "after the Costa, before the Orange, and some distance from the Booker". Since the Costa is usually awarded in January, and the Orange in May, this means the prize may be awarded close to London Book Fair, which takes place next year on 16th to 18th April
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