Price Increases Put U.K. Libraries in a Bind

WSJ.com – “Deborah Shorley, the head librarian at the U.K.’s Imperial College London, is worried about balancing her books. She says her budget has been capped, just as publishers stand to increase the price of her library’s journal subscriptions 3% to 6%. "It’s a complete mismatch," said Ms. Shorley, who says her libraries spend over £4 million ($6.31 million) a year on research resources, most of them related to the sciences. The big publishers haven’t comprehended the new reality among U.K. libraries: "They don’t seem to understand that we just don’t have the money," she said.”

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