The book shows the development of the British literary fairy tale from its origin to the present. It reveals the interaction of this genre with fantasy in contemporary British children s literature. The study focuses on the general evolution of literary fairy tale and the transformation of its features in the works by R. Dahl, D.W. Jones, J.K. Rowling in the context of the postmodern epoch. The book is intended for both academic scholars and fans of British children's literature.