We have just completed our return to Wellcome detailing how our Open Access award was spent last year, and we have been notified of continued funding to support our researchers pay Open Access publishing costs.
The library has also introduced new procedures to manage this fund, and details have been circulated to Wellcome Trust grant recipients. You can find out more on our web pages.
The Wellcome Trust website provides useful Author FAQ and a summary of publisher policies to help you decide where to publish.
The UK PubMed Central blog has an interesting analysis of journals that have published Wellcome-funded research.