The Rathbones Folio Prize, previously known as the Folio Prize and The Literature Prize, is a literary award that was sponsored by the London-based publisher The Folio Society for its first two years, 2014–2015. Starting in 2017 the sponsor is Rathbone Investment Management.

The prize came into being after a group in Britain "took umbrage at the direction they saw the Booker Prize taking – they saw it leaning toward popular fiction rather than literary fiction." The prize was compared as a rival of the Man Booker Prize by the media. Margaret Atwood said the Folio Prize is "much needed in a world in which money is increasingly becoming the measure of all things." Mark Haddon said it was "not a mechanism for generating publicity by propelling a single book into the spotlight but a celebration of literary fiction as a whole." The co-founders are Andrew Kidd and Kate Harvey.

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