 The Festival also awards an annual book prize, worth £7,500, to a book which "presents new, important and challenging ideas, which is rigorously argued, and which is engaging and accessible".It is one of the largest book prizes in the UK.The Festival takes place in a range of venues across the city, including the Arnolfini, the Watershed Media Centre, St. George's, We The Curious, City Hall, the Tobacco Factory, and the Victoria Rooms.