This year's shortlist is unveiled...

The nominations for this year’s NATIONWIDE MERCURY MUSIC PRIZE have been revealed this morning (July 19).

At a small ceremony in London the 12 albums that will battle it out for this year’s prize were announced by Jools Holland.

The nominations are:

Bloc Party – ‘Silent Alarm’

Hard-Fi –’Stars Of CCTV’

Kaiser Chiefs – ‘Employment’

MIA – ‘Arular’

The Magic Numbers – ‘The Magic Numbers’

Coldplay – ‘X&Y’

The Go! Team – ‘Thunder, Lightning Strike’

Antony And The Johnsons – ‘I Am A Bird Now’

KT Tunstall – ‘Eye To The Telescope’

Maximo Park – ‘A Certain Trigger’

Seth Lakeman – ‘Kitty Jay’

Polar Bear – ‘Held On The Tips Of Fingers’

The overall winner of the £20,000 prize will be announced on September 6.

Immediately the Kaiser Chiefs have been installed as 4/1 favourites, however the band showed a distinct lack of confidence by only putting a £2 bet on themselves.

“The Kaiser Chiefs went into the Ladbrokes in Trafalgar Square this morning and backed themselves to win with £2 at odds of 4/1. If they win it will return £10,” revealed Ladbrokes spokesman Warren Lush.

Elsewhere in the odds Bloc Party are second favourites at 5/1, with the Magic Numbers and Coldplayclose behind, while Antony & The Johnsons and The Go! Team seem a good outside bet at 12/1.