Probabil cei care conteaza pe castigarea trofeului sunt membrii trupei Radiohead, care pleaca in cursa ca favoriti. Alex Turner de la Arctic Monkey este nominalizat pentru a treia oara la Mercury prize, de aceasta data pentru celelalt proiect al sau – The Last Shadow Puppets.
Festivitatea de premiere va avea loc in luna septembrie 2008.
Mercury Prize 2008 – Nominalizari:
Adele – 19
British Sea Power – Do You Like Rock Music? 
Burial – Untrue
Elbow – The Seldom Seen Kid
Estelle – Shine
Laura Marling – Alas I Cannot Swim
Neon Neon – Stainless Style
Portico Quartet – Knee-Deep in the North Sea
Rachel Unthank & The Winterset – The Bairns
Radiohead – In Rainbows
Robert Plant & Alison Krauss – Raising Sand
The Last Shadow Puppets – The Age of the Understatement
