This news changes research environment in the UK not only for mathematics but also for education research, and therefore deserves being mentioned here.
David Willetts accepted in full all recommendations of the Finch Report directed at adoption of the “gold model” (also known as the “Article Processing Charge” model, that is, “the author pays for publication” model) of open access to research publications. Some funds for publication will be provided by universities. A statement from HEFCE:
As a first step, we would like to make clear that institutions can use the funds provided through our research grant to contribute towards the costs of more accessible forms of publication, alongside funding from other sources.
In the coming months, the four UK HE funding bodies will develop proposals for implementing a requirement that research outputs submitted to a REF or similar exercise after 2014 shall be as widely accessible as may be reasonably achievable at the time. We will consult all our partners in research funding, and a wide range of other interested bodies, before finalising our plans.
And this is from RCUK:
[F]rom 1 April 2013 and until further notice, RCUK will solely pay for APCs through block grants to UK Higher Education Institutions, approved independent research organisations and Research Council Institutes.