Today's physics news: Open access will cause problems, accepts Finch; Staff submitted to REF likely to be more than last RAE » The Institute of Physics blog

"The UK’s move towards open-access publishing will inevitably place some learned societies’ journals into financial jeopardy, according to the chair of the committee that recommended making the transition. Dame Janet Finch today told the first hearing of the Lords Science and Technology Committee’s open-access inquiry that the government-convened Working Group on Expanding Access to Published Research Findings, which she chaired last year, spent 'a lot of time' debating the likely effect of a move to open access on the viability of journals..."