On 31 March 2008, the Office of Fair Trading (OFT) published the final version of its Annual Plan 2008-09. This contains an explanation of the OFT's values, goals and principles and sets out the OFT's work programme for the next year in the context of four main themes: delivering high impact outcomes, being a centre of excellence and intelligence, working in partnership and building the OFT's internal capability. The OFT has also published, for the first time, a regulatory simplification plan, which sets out its initiatives to reduce regulatory burdens on businesses.