In UK scholarly publishing, we have a world-class industry led by famous flagship journals generating over £1bn in turnover, 80% from exports. We comprise a few significant commercial players, a few university presses and a large group of not-for-profit society publishers, often working under contract with the commercials. The UK is a world hub for this activity, alongside the US, The Netherlands and Germany, part of a global industry publishing over 1.5 million peer-reviewed articles per year in over 20 000 journals. But many challenges lie on the road ahead.

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