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This study investigates the development of translated fiction within the United Kingdom publishing sector between 2001 and 2021. Drawing on NielsenIQ BookData, qualitative interviews with publishing professionals, and a detailed case study of Fitzcarraldo Editions, it analyses how translated literature has evolved from a marginal cultural pursuit into an increasingly significant area of publishing activity. The research identifies continuing structural challenges, including the costs of translation, limited linguistic and cultural diversity within publishing teams, and the dominance of a few internationally recognised authors. It also highlights the role of independent presses, literary prizes, and digital platforms in expanding visibility and readership. By situating these findings within debates on cultural diversity, symbolic capital, and global circulation, the study demonstrates how translated fiction reflects and reshapes contemporary publishing practices, contributing to a more inclusive and internationally connected literary landscape.