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Gon Erez is an accomplished consultant in nonprofit management, currently residing in Cleveland, Ohio.

With foundational expertise in psychology and economics, his career trajectory has been significantly shaped by his early experiences in Israel as a Human-Rights Officer in the IDF Spokesperson’s Unit. Seeking to expand his horizons, Gon relocated to the U.S. at the age of 30, where he furthered his education with a Bachelor’s degree from Ben-Gurion University of the Negev and a Master’s in Nonprofit Management from Gratz College. He is now enhancing his skills with a Master of Social Work (MSW) at Eastern University.

In his professional life, Gon has been instrumental in revolutionizing the operations of various nonprofits through strategic planning and the application of business principles. His roles have ranged from Program Director at the Youngstown JCC to Chief Program Officer at the JCC of Greater Buffalo. Presently, as a freelance consultant, he dedicates his expertise to helping nonprofits streamline their processes and magnify their societal impact.

Outside of work, Gon Erez is passionate about the outdoors, engaging in activities such as snowboarding, hiking, and sailing. These pursuits not only fulfill his adventurous spirit but also allow him to live a well-rounded life, harmonizing his professional endeavors with his personal commitment to wellness and community involvement.

What first got you interested in the intersection of psychology and nonprofit management?

My fascination began during my service in the IDF. I observed how psychological principles could be applied to improve soldier morale and overall unit effectiveness. This experience made me realize the potential of psychology in shaping organizational culture and enhancing the impact of nonprofits, which rely heavily on human-centered approaches to solve societal issues.

How has your approach to nonprofit management evolved since you began your career?

Initially, my focus was primarily on direct service and program delivery. Over time, I’ve shifted towards a broader strategic approach, emphasizing organizational sustainability and impact measurement. This evolution was influenced by my studies and the realization that long-term planning and efficiency are critical to achieving lasting change.

What’s a common misconception about nonprofit organizations that you frequently encounter?

A common misconception is that nonprofits should not spend money on marketing and overhead. Many believe these organizations must operate with minimal administrative costs. However, investing in areas like marketing and technology is crucial for scaling impact and ensuring operational effectiveness.

Could you describe a particularly rewarding project you’ve worked on?

One of the most rewarding projects was developing a digital literacy program for elderly community members while at the JCC in Buffalo. The joy and independence it brought to participants were profound, and it highlighted the critical role of nonprofits in addressing diverse community needs through innovative solutions.

What are some strategies you employ to ensure project success in the nonprofits you work with?

I always start with clear goal-setting and stakeholder engagement. It’s crucial that everyone involved understands the objectives and feels invested in the outcomes. I also implement rigorous monitoring and evaluation practices to track progress and make adjustments as needed, ensuring the project stays aligned with its goals.

How do you measure the impact of your consulting work?

Impact measurement varies by project but generally includes both qualitative and quantitative metrics. I look at direct outcomes, such as service delivery improvements or increases in funding, and broader indicators of organizational health, such as staff satisfaction and community engagement levels.

What advice do you have for nonprofits struggling to balance mission and business-oriented strategies?

It’s crucial to view business strategies as tools that can amplify your mission, not detract from it. I advise nonprofits to define their core values clearly and ensure that all business strategies align with these values. This alignment helps maintain the mission’s integrity while embracing effective business practices.

In what ways do you think nonprofit management will change in the next decade?

I believe there will be a significant shift towards data-driven decision-making and increased reliance on technology to manage operations and engage with donors and beneficiaries. Nonprofits will likely adopt more agile management styles to quickly respond to changing donor interests and global challenges.

Can you share an example of a difficult decision you had to make in your career and the outcome?

Early in my career, I had to decide whether to continue in a secure but unfulfilling role or take a risk with a startup nonprofit. Choosing the startup was risky, but it paid off by vastly expanding my skills and network. This experience taught me the value of following my professional instincts and passions.

What’s next for you in your professional journey?

I’m currently focused on completing my MSW, which I believe will deepen my understanding of social issues and enhance my ability to effect change. Professionally, I plan to expand my consultancy to include more international nonprofit clients, using my multilingual skills and cross-cultural experience to bridge gaps in global nonprofit initiatives.

Read more:
Exploring Nonprofit Innovation with Gon Erez

Solar energy is one of the most popular renewable energy solutions for homes and businesses. But more people are going solar because of rising electricity costs and because of green concerns.

Nevertheless, a successful solar panel system is largely dependent indeed on its installation. The basic problems of a poorly installed panel include decreased efficiency, safety hazards and expensive fixes.

In this blog, we’ll explore the importance of adhering to strict solar panel installation standards and why they are essential for maximizing performance, ensuring safety, and maintaining long-term reliability. Whether you’re a homeowner or a business owner, understanding these standards can help you make informed decisions and enjoy a worry-free solar experience.

Importance of Following Installation Standards

1. Maximizing System Performance

Proper installation guarantees your solar panels work at the best possible efficiency. To get the maximum sunshine throughout the year, panels must be correctly positioned and angling. A small misalignment… can result in substantial energy loss, consequently lowering the system’s output and deprecates the value of your investment.

2. Ensuring Safety

It’s important to note that solar panels are but a piece of a solar power system which also includes wiring, inverters and in some case batteries. Electricity hazards, fire outbreak and even breakdown of systems would be a result if the installation is not done right. Following installation standards protects your home or business; also helping protect the system for anyone who may use or maintain it.

3. Meeting Regulatory Requirements

A number of regions have located codes and norms that should be called when performing solar installations like neighborhood electrical norms or worldwide norms, for example IEC. It’s not optional — they won’t get permits or qualify for incentives (tax credits, rebates) without it.

The reduction of Maintenance and Repair costs.

If an AC system is installed poorly, chances are, it will have loose wiring, shaky mounting, or water leak into the electrical part of the AC. By following installation standards, you reduce the risk of problems and save on future maintenance and repair costs.

5. Increasing System Lifespan

The solar panels are built to last for 20–25 years if not more. Their proper installation guarantees they are properly installed, protected from the forces of the environment, and working to their optimal efficiency for their lifetime. It keeps your investment while helping to buy into sustainable energy use.

When you follow the below standards you can be in a position to have a high performing, long lasting and a safe solar energy system. Okay next, let’s try to understand the actual components of these standards to help you know what you should be concerned about during installation.

Key Components of Solar Panel Installation Standards

Site Assessment

One of the most frequent mistakes is that the site is not inspected thoroughly before the installation. Grazing from trees, buildings or any other form of shading will affect the production of energy. Key factors include:

Shading: Solar panels need sunlight in order to work at their best. They also consider whether there is some constructible feature that will block the sun rays from reaching the panels such as trees or buildings.
Roof Condition: Because of rooftop installation, roof has to be able to hold the weight of the solar panels and the mounting structures. The old and damaged roofs are what some of the roofs that need to be repaired before an installation encompasses.
Orientation and Tilt: The installers will then decide the most suitable position and orientation of the panels in regards to the climate and latitude of your region.

2. Panel Quality and Certification

The problem is that there is no one way to go about solar panels. If we are to compare the two, it is better to select high quality panels that are IEC or UL approved since this can only mean better performance and durability. All kinds of panels, including the certified ones, have to go through various tests to ensure that they can stand different conditions like heat, wind and hail.

Using panels that meet these standards ensures long-term efficiency and reduces the risk of system failure.

3. Mounting and Alignment

System durability and efficiency are all dependent on proper mounting and alignment. The panels must be secured in place, and secure such, against high winds, snow loads, etc, among other environmental factors. Energy losses may result from incorrect alignment. For example:

Tilt Angle: For maximum energy input, panels should be installed at angle matching your location’s latitude.
Orientation: Most of the time, south facing is best in the northern hemisphere for maximum sun exposure.

Electrical Safety Standards

Any solar installation is incomplete if you do not implement electrical safety. Staying in compliance with standards assures inverters, wiring, and grounding systems are all properly connected and working together, to avoid hazards or faults, and help keep those you care about connected with you. Installers must:

Use certified inverters which are meeting the local regulations.
Protect yourself from electrical shock and fires by following the proper grounding practices.
Local electrical codes such the National Electrical Code (NEC) apply in the US.

Following these elements means a reliable, effective, and safe solar energy system.

Regional and International Standards

1. Overview of Key Standards

Different regions have established their own guidelines to regulate solar panel installations, ensuring consistency and safety. Some key standards include:

ISO Standards: International standards that cover the quality and safety of solar equipment and installations.
National Electrical Code (NEC): Widely used in the US for solar system wiring and safety protocols.
European Union Regulations: Countries within the EU follow stringent guidelines to ensure panel efficiency and environmental compliance.

2. Role of Local Guidelines

While international standards provide a broad framework, local guidelines address specific environmental and infrastructural factors. For instance:

In areas with heavy snow or strong winds, mounting systems must meet higher durability standards.
Hot regions may require panels tested for high-temperature performance.

3. Differences in Practices

Standards can vary significantly by region. For example:

Some countries require fire safety certifications for rooftop installations.
Others may prioritize minimizing visual impact or integrating panels into building designs.

Understanding regional and international standards helps you verify if your system meets all necessary requirements for efficiency, safety, and incentives.

Common Issues and How to Avoid Them

1. Poor Site Assessment

One of the most frequent mistakes is that the site is not inspected thoroughly before the installation. Grazing from trees, buildings or any other form of shading will affect the production of energy. Additionally, a weak roof structure can lead to long-term damage or safety hazards.

Solution: Always hire a professional to conduct a thorough site evaluation, including sunlight analysis and roof condition checks.

2. Incorrect Panel Placement

Improper alignment, tilt, or orientation can result in reduced efficiency. Panels that are not securely mounted may also be vulnerable to wind damage or shifting over time.

Solution: Follow regional guidelines for optimal panel placement, such as south-facing alignment in the northern hemisphere, and ensure mounting systems are properly installed.

3. Faulty Wiring and Grounding

Substandard electrical work is a potential source of inefficiency, danger, or even fire disaster in a given system. One of the biggest problems in poor quality wiring systems is poor or unsafe connections of the wires.

Solution: Ensure that installers use certified components and comply with local electrical codes to meet safety standards.

4. Lack of Compliance with Standards

Skipping adherence to local and international standards can lead to legal issues, voided warranties, or rejection of permits and incentives.

Solution: Confirm that your contractor is certified and familiar with the necessary standards in your region.

5. Neglected Maintenance Planning

Some systems fail prematurely due to a lack of maintenance planning, such as cleaning panels or checking for loose connections.

Solution: Opt for installers who provide a maintenance guide or offer ongoing support services.

Avoiding these common mistakes ensures a high-performing and trouble-free solar panel system.

The Benefits of Compliance with Installation Standards

Improved Efficiency

If panels are installed according to accepted standards, they are at peak efficiency and capture the maximum amount of sunlight and convert it into energy. Thus, you get the most out of your investment.

Enhanced Safety

This ensures safety in compliance with safety standards minimizing electrical faults, fire and system malfunctions. A safe system for users and technicians is a well installed one.

Access to Incentives

There are countless governments that provide tax credits, rebate, and other incentives for solar installations. But these benefits are usually contingent upon a standard being met. You only qualify for these programs if you install properly.

Longer System Lifespan

Quality installations protect your solar panels so that they don’t wear out for decades as the environment damages them. It minimizes replacement costs, and maximizes return on investment.

Legal and Warranty Protection

When systems get installed to code, they are less likely to fail an inspection and have to be replaced, less likely to have a legal issue, and are more likely to stay under manufacturer warranty.

For example non compliant installations can void warranties so that you are responsible for repair or replacement costs.

Positive Environmental Impact

The efficient systems generate more clean energy thereby reducing dependence on fossil fuels and lowering your carbon footprint. A more sustainable future is ensured by following standards.

Meeting these standards not only protects your investment, but also assures safe and sustainable solar adoptions.

Tips for Choosing a Reliable Solar Installer

Check for Certifications

Look for installers certified by reputable organizations such as:

NABCEP (North American Board of Certified Energy Practitioners): A much recognized credential for solar professionals.
Validation bodies in your area that are regional licensing or certification bodies.
To follow installation standards and that is certified installers are trained.

Read Reviews and Testimonials

The kind of installer that presents well, but has online reviews and customer testimonials that are not good is unlikely to be very reliable and not do good quality work. Look for feedback on:

Timeliness of installation.
Materials and workmanship.
After-installation support plus customer service.

3. Ask About Warranties

A reliable installer should offer warranties for both the equipment and the installation itself. Common warranties include:

Panel warranty: Typically 20–25 years.
Workmanship warranty: Covers installation errors, usually 5–10 years.

4. Compare Multiple Quotes

Don’t settle for the first quote you receive. Compare offers from multiple installers to ensure you get competitive pricing and a clear understanding of what’s included.

5. Verify Adherence to Standards

Ask potential installers how they ensure compliance with local and international installation standards. They should be knowledgeable about:

Electrical codes.
Mounting and safety requirements.
Regional regulations and permitting processes.

6. Evaluate Post-Installation Support

A good installer will provide ongoing support, such as:

Maintenance services.
System performance monitoring.
Quick responses to troubleshooting issues.

Choosing the right installer ensures a smooth, stress-free experience and a well-functioning solar energy system.

Conclusion

Investing in solar panels is a big step towards saving money and protecting the environment. However, the success of your system depends on proper installation and strict adherence to standards. Frustratingly, solar panels can fail, unexpectedly dispose of the sun’s energy, and keep you wondering if you were conned or their presents really were a gift. With this article, you’ll be able to make sure your solar panels will work continuously, safely, and efficiently for as long as possible.

Unless you hire a certified, experienced installer who leans towards industry standards, you must always choose the ones who follow industry standards. Furthermore, it helps protect your investment and you have the real opportunity to use all the incentives and warranties. But remember, a high quality install is not a one off benefit, the installation is also a long term commitment to clean energy and sustainability! It might save us all money down the line.

There is something to be said about research and planning your solar installation. On the flip side energy savings, peace of mind and a greener future are on the other side of that effort.

Read more:
A Comprehensive Guide to Mainstream Solar Panel Technologies: Exploring XBC, HTJ, TOPCon, and Perovskite Applications

Consumers of all kinds are eager to enhance their sustainability efforts in today’s commercial landscape, with this translating significantly into their buying habits.

One such way that businesses can meet the increasing demand for conscious consumption is by embracing sustainable food packaging.

The food and beverage industry is often under scrutiny for its less-than-eco-friendly practices, such as factory farming, monocropping and so much more. Sustainable packaging for food and beverage products is becoming increasingly common, demonstrating a willingness in businesses to reduce environmental impacts and satisfy customer desires. This article will touch on some common eco-friendly food packaging solutions, elaborating on the positive impact they’re having on the industry and environment.

Sustainable food packaging trends

In recent years, several eco-friendly food packaging trends have started to emerge in several business settings, ranging from artisan producers to supermarkets.

Eco-friendly takeaway containers

Many restaurants and takeaways across the country have started to use alternatives to single-use plastic food and drink packaging, utilising biodegradable and recyclable containers, rather than plastic or styrofoam versions. Some of these containers will simply be made from cardboard, while others will be compostable.

Tinned beverage ‘Snap Packs’

Brands such as Carlsberg Group have successfully rolled out a new way of packaging tinned beers – the ‘Snap Pack’. This system has largely done away with the traditional plastic rings that have held together 4-6 packs of lager and ale, swapping them out for small spots of glue. This decision has been reported to have reduced Carlsberg’s plastic waste by around 76%.

Recycled shrink film

In another effort to reduce plastic waste, many supermarkets and drink and beverage producers have started to vacuum pack and shrink-wrap products, such as multipacks of bottled water. To further the sustainable value of vacuum-packing and shrink-wrapping, some packaging manufacturers have developed recycled films using the plastic recovered in oceanic cleanup schemes. This not only reduces the need for new plastic production but also supports waste prevention and recovery from the ocean.

Flexible drink packaging

Another emerging trend is the adoption of flexible drink pouches rather than typical bottles or cans. While these pouches are still often made from plastic, they’re significantly lighter than the alternatives. This makes them far more fuel—and space-efficient to transport and store, meaning they can support businesses aiming to reduce their carbon emissions.

Alternative water packaging

A development taking the food and beverage industry by storm is the introduction of alternative water packaging. Brands, such as CanO Water and Radnor Hills are embracing materials like cardboard, aluminium and the more traditional glass to package and distribute water. These different packages are becoming especially common in entertainment venues, such as nightclubs and concert halls.

These developments are all signs of the times. In a food and drink landscape with more and more options, it only makes sense that there will be more cases of environmentally friendly packaging! If you operate in this market, embracing these changes in packaging won’t just be good for the planet but good for your business as well.

Read more:
Sustainable Food Packaging: How Eco-Friendly Options are Changing The Food & Beverage Industry

Mitchell Silverstein is an attorney based in Miami and Ft. Lauderdale, Florida, with 15 years of experience specializing in complex litigation, corporate governance, and legal ethics.

A graduate of Pepperdine Caruso School of Law, Mitchell has built a reputation as a strategic, ethically focused lawyer and advisor who guides his clients through challenging legal landscapes while maintaining integrity at the core of his practice. After beginning his career in private practice, Mitchell transitioned into an in-house counsel role, where he now collaborates with businesses to craft proactive legal strategies. His dedication to ethical corporate governance and public policy reform, along with his commitment to pro bono work, reflect his mission to use the law as a tool for positive impact.

What initially drew you to practice law in Miami, and how has the city influenced your approach?

Miami’s dynamic and diverse business environment was a huge draw for me. This city isn’t just a hub for tourism—it’s also a major player in international trade, finance, and real estate, which means there’s a unique complexity to the cases here. The multicultural nature of Miami has shaped my approach to law by broadening my perspective on client needs and the importance of cultural sensitivity in legal practice. The diversity here reminds me that every client brings a different set of values and priorities, and it’s my job to consider these nuances when crafting strategies. Miami is also a place where reputation and relationships matter deeply, so upholding ethical standards isn’t just about avoiding legal repercussions; it’s about building lasting trust.

How has your transition from private practice to in-house counsel changed the way you approach corporate governance and legal strategy?

The transition from private practice to in-house counsel has fundamentally changed my approach, especially regarding corporate governance. In private practice, my role was more reactive—clients would bring specific issues to me, and I’d focus on resolving them. But as in-house counsel, my role is to be proactive, anticipating potential legal and ethical issues before they arise. I work closely with executives, HR, and compliance teams to make sure the entire company operates with a solid ethical framework. This shift has helped me see governance as a continuous process of improving policies, ensuring compliance, and fostering a culture of accountability. As in-house counsel, I’m responsible for shaping the bigger picture rather than just focusing on individual cases, and that broader view has made me appreciate the long-term impact of good governance.

What does ethical legal practice mean to you, especially in Miami’s high-stakes corporate world?

To me, ethical legal practice is about more than just following the law—it’s about doing what’s right for the client and for the community. In Miami’s corporate scene, where high-stakes decisions are often the norm, the temptation to cut corners or bend rules can be strong. But I believe that integrity must come first. Ethical legal practice means advising clients with honesty, even if it means challenging them on certain practices or strategies. It’s about taking responsibility for the broader impact of legal decisions and ensuring that those decisions align with both the law and the values of the business. When clients know you’re prioritizing their long-term interests over short-term wins, that’s when real trust is built, and it’s something I work hard to maintain.

How do you handle ethical dilemmas when they arise in complex litigation cases?

Ethical dilemmas can certainly arise, especially in complex litigation, where there’s often a lot on the line for both the client and their opponents. When faced with an ethical dilemma, my first step is always to return to the principles of transparency and honesty. I discuss options openly with the client and explain the legal and ethical risks associated with each approach. Sometimes, the best course of action is to take a more conservative approach that prioritizes compliance and ethical considerations, even if it might be more challenging. Litigation can be an intense process, but making decisions with integrity is non-negotiable for me. I’d rather take a principled stand and potentially miss out on a quick win than compromise my ethics and risk damaging my client’s reputation in the long run.

What role do you think public policy reform plays in the evolution of corporate law, especially in a city like Miami?

Public policy reform is essential to ensuring that corporate law keeps pace with societal changes. In a city like Miami, where industries like real estate, finance, and technology are constantly evolving, laws and regulations need to adapt as well. Public policy reform is an opportunity to address the ethical and social issues that businesses encounter and to create frameworks that protect consumers, employees, and the environment. I try to stay engaged in policy discussions, particularly in areas like data privacy and corporate governance, where laws are evolving rapidly. For me, reform isn’t just about imposing more rules; it’s about creating policies that encourage ethical business practices and protect the rights of everyone involved. In Miami’s vibrant economy, public policy reform can create a more level playing field that benefits businesses and the community alike.

What advice would you give to young attorneys starting their careers in complex litigation?

My biggest piece of advice is to approach every case with a mindset of continuous learning. Complex litigation is challenging and multi-layered, and there’s always more to learn—whether it’s new case law, negotiation strategies, or even technology that can streamline discovery. I’d also emphasize the importance of building trust with clients by being honest and clear in your communication. Litigation can be an emotional and financially taxing process for clients, and the best way to support them is by setting realistic expectations and guiding them with integrity. Lastly, I’d tell young attorneys to focus on developing a strong ethical compass from the start. There will be moments when taking the easy path might seem tempting, but if you stay grounded in your values, you’ll build a reputation that lasts.

How do you maintain your own sense of balance and focus in such a demanding legal environment?

Balance in a high-stakes legal environment is essential, and for me, it’s about having a structured routine and setting boundaries. My day typically starts early with a workout, which helps me clear my mind before diving into complex casework. I try to segment my day, setting aside specific times for deep work on cases, meetings, and personal reflection. Taking breaks is key—stepping away, even briefly, allows me to return with a fresh perspective. Maintaining focus also requires discipline with my time. Knowing when to say “no” and prioritizing what truly needs my attention has been essential in managing the demands of my role without burning out. For me, finding balance means making sure I have the energy and clarity to give each client the attention and care they deserve.

What’s the most rewarding part of practicing law for you?

The most rewarding part of practicing law is seeing the positive impact of my work on clients’ lives and businesses. Knowing that I’ve helped a business navigate a complex issue or made a difference in someone’s legal journey gives me a sense of purpose. When I see a client succeed because we chose a path rooted in integrity and ethical practices, that’s when I feel the most fulfilled. Law can be challenging, but when you know that your efforts are contributing to long-term success and positive change, it makes all the hard work worthwhile. For me, it’s about more than just winning cases—it’s about creating lasting, positive outcomes that clients can build on.

Mitchell Silverstein continues to make a mark in Miami’s corporate legal landscape, offering his clients ethical guidance and strategic insight in complex litigation and corporate governance. His dedication to integrity, transparency, and proactive legal strategy sets him apart in the Miami legal community.

Read more:
Legal Excellence in Miami: A Conversation with Mitchell Silverstein Attorney

The British Library and Yuewen have launched a landmark three-year collaboration, Literature in the Digital Age, to enhance cultural exchange between the UK and China and to promote partnerships in creating new cultural IP.

The new collaboration was announced in a launch event at the British Library last night with representatives from the British Library, Yuewen, the China-Britain Business Council (CBBC), along with renowned Yuewen authors and Richard Pooley, Director of the Conan Doyle Estate and step-grandson of Arthur Conan Doyle, the creator of Sherlock Holmes, to explore and discuss literature in the digital age.

Speaking at the event, Jas Rai, Chief Operating Officer of the British Library, highlighted how “this collaboration with Yuewen will make our collection accessible and relevant to new audiences around the world. We’re excited for what’s to come as this project unfolds and connects literature lovers across continents.”

The highlight of this collaboration is the new inclusion of ten popular online novels by Chinese authors being added to the British Library’s collection, documenting the increasingly popular cultural trend of internet literature in China. Some of the most popular new novels in China are being included such as Lord of Mysteries, a fantasy thriller that has amassed over 86 million views online.

“This is a recognition of not only our writers and their creativity, but also online literature as an emerging cultural force,” noted Yuewen Group CEO Hou Xiaonan. “Just as the popular Sherlock Holmes and Harry Potter grew from literary roots to worldwide fame, we look forward to welcoming the next generation of global stories in online literature. It is an honor to see titles such as Lord of Mysteries now being housed in the British Library alongside the works of Shakespeare and other classics.”

All these works were originally published on Yuewen’s digital platforms. In 2017, Yuewen launched its international platform, WebNovel, now hosting 650,000 original works by 430,000 contributors from around the world. Hou Xiaonan also revealed that in the UK alone, WebNovel has attracted 16,000 contributors and over 6.83 million visitors to date, with annual readership growing by nearly 30%—a testament to the growing cultural impact of internet literature in the UK.

The three-year project includes a programme for Yuewen writers to see some of the most iconic items in Library’s collection, attend creative workshops, and engage in co-creation digital campaigns with readers to blend Yuewen IP with English literature works from the British Library.

Read more:
International online literature comes to life at the British Museum

Ferguson Whisky Limited, a Glasgow-based company specialising in rare whisky investment opportunities, has secured a £450,000 funding package from Virgin Money, backed by UK Export Finance (UKEF).

The funding will support the purchase of whisky stock, enabling the company to expand operations and meet growing international demand.

Founded in 2021 by CEO David Ferguson, the company aims to make the world of rare whisky collecting more accessible. Ferguson Whisky offers a range of services, including investment in new make whisky or aged stock, and provides support through the bottling process. The company has established strong relationships with major Scottish distillers and has partnerships with Brindiamo Group in the US bourbon market and Bravo Whisky Golf in the luxury travel sector. These connections allow Ferguson Whisky to offer rare casks and organize exclusive experiences such as distillery tours and bespoke whisky events.

Virgin Money’s Commercial and Trade Finance teams collaborated with UKEF to structure a deal tailored to Ferguson Whisky’s needs. UKEF supported the bank by issuing a General Export Facility (GEF) loan guarantee, covering 80% of the financing and enabling Virgin Money to complete the transaction. The GEF is a flexible government-supported scheme designed to help UK export businesses, particularly SMEs, access working capital facilities to improve cash flow and accelerate international trade growth.

David Ferguson, Founder and CEO of Ferguson Whisky Limited, said: “We are an independent blender and bottler providing end-to-end whisky services from cask to bottle for customers all over the world. The support from Virgin Money, with backing from UK Export Finance, will ensure that we can continue to accelerate business growth internationally and attract more whisky consumers to visit Scotland.”

Craig Wilson, Head of FX Sales & Trade Finance at Virgin Money, added: “We are delighted to be working with David and his team to support their rapid and successful business growth. Their business needs a bank that can truly support international trading, and we are honored that they selected Virgin Money as their banking partner.”

Carol Harvey, UKEF Export Finance Manager for Scotland, concluded: “This deal is a great example of how UK Export Finance can help support small businesses in Scotland. With the Scottish Whisky Awards being held in Glasgow at the end of this month, I couldn’t think of a more apt opportunity to toast to Ferguson Whisky’s success.”

Read more:
Ferguson Whisky Secures £450,000 Funding from Virgin Money to Expand Global Reach

Virtue Drinks, the UK’s fastest-growing clean energy drink brand, has announced the successful closure of a £2 million investment round.

This latest funding brings the company’s total investment to over £5 million. Notable investors in this round include James Watt, co-founder of BrewDog—Europe’s largest craft beer brand—and Eberechi Eze, Premier League footballer and England international.

James Watt will take on the role of strategic advisor, providing guidance to Virtue’s founder and CEO, Rahi Daneshmand, on scaling the business globally. Eberechi Eze will actively participate in Virtue’s marketing strategy, aiming to amplify the brand’s presence following the investment. They join existing investor Chris Smalling, former England and Manchester United footballer, along with a group of strategic angel investors.

The infusion of capital will support Virtue’s strategic marketing efforts, global distribution expansion, and team growth. The company plans to enhance brand awareness in the UK, Europe, and beyond, capitalizing on its current presence in over 5,000 stores across 20 countries. Key stockists include Waitrose, Whole Foods Market, Ocado, Morrisons, Motor Fuel Group, Casino, Carrefour, and Spinneys.

Founded in 2016, Virtue offers clean energy drinks made with all-natural ingredients, zero sugar, and zero calories. The beverages are powered by yerba mate, an adaptogen rich in essential vitamins, minerals, amino acids, and antioxidants. Available in three flavours—Tropical, Peach & Raspberry, and Strawberry & Lime—each can contains 80 milligrams of natural caffeine, equivalent to a cup of coffee or traditional energy drink.

Virtue’s products aim to provide a sustained energy boost that enhances mental focus and physical performance without the crash or jitters associated with traditional energy drinks and coffee. The brand is certified carbon neutral and vegan, aligning with growing consumer demand for healthier and more sustainable options.

Rahi Daneshmand, Founder and CEO of Virtue, stated: “We are really excited to partner with Eberechi Eze and James Watt to build the leading clean energy drink brand globally. Their belief in our vision and commitment to our growth emphasises the positive impact we plan to achieve together. As the first all-natural energy drink with zero sugar and zero calories, Virtue is well-positioned to lead the way for clean energy. These partnerships mark the start of an exciting next chapter for Virtue, and we can’t wait for even more people to enjoy our clean energy drinks.”

James Watt added:”It is seldom that I see a drinks brand that genuinely excites me. In Virtue, I found an amazing product led by a brilliant entrepreneur. I am delighted to now be helping them on their growth journey.”

Eberechi Eze concluded: “Virtue is more than just an energy drink to me; it’s a brand I truly believe in. Its clean energy aligns with my lifestyle on and off the pitch. I am excited to be part of a brand that is all about a natural, healthier way to energise.”
With the UK energy drinks market valued at £3.4 billion and expected to grow at a compound annual growth rate (CAGR) of 5.20%, Virtue aims to establish clean energy drinks as a major category within the industry.

Read more:
Virtue Drinks Secures £2 Million Investment from BrewDog Co-Founder and England Footballer

Nish Kankiwala, chief executive of the John Lewis Partnership, has accused Chancellor Rachel Reeves of implementing a “two-handed” tax grab on retailers, joining a growing backlash against the recent Budget.

Kankiwala stated that John Lewis faces increased employment costs and higher business rates following the Budget, which could hinder the retailer’s turnaround efforts. “That seems to be sort of [a] two-handed grab, and that’s unhelpful,” he told the Financial Times.

The partnership, which operates John Lewis department stores and Waitrose supermarkets, anticipates spending tens of millions of pounds extra on staff costs after the Chancellor announced an increase in the employers’ National Insurance rate. In the Budget, Ms. Reeves stated that employers’ National Insurance contributions would rise from 13.8% to 15% in April, while also lowering the threshold at which contributions are paid.

Additionally, the Treasury has delayed a planned overhaul of the business rates system until 2026, despite previous pledges to reform how companies are taxed on their properties to support retailers. This delay means that many retailers, including John Lewis, will face higher business rates bills for at least another year.

Kankiwala commented: “If they could delay the National Insurance [changes], but also if they could fundamentally bring forward a radical reshaping of business rates, I think it will make a massive difference—not just for small and medium enterprises, but I think for retail generally. It’s very important.”

The criticism from John Lewis comes after retailers expressed frustration at being blindsided by the changes, having believed that business rates reform would occur sooner. Simon Roberts, chief executive of Sainsbury’s, recently stated that the supermarket supported the government’s employment reforms based on a “clear commitment” from ministers to urgently address business rates. “We need business rates reform in order to balance the scales,” he said.

Amid growing tension between the Treasury and retailers, over 80 chief executives wrote to Ms. Reeves last weekend, warning that the sector faces £7 billion in increased costs, making job losses and price rises inevitable.

Kankiwala said the John Lewis Partnership would attempt to avoid raising prices. “The last thing we need is a resurgence of inflation, because we just got that under control, and inflation is not good for anybody,” he added.

In response, Treasury officials reportedly reached out to retailers last week in an effort to ease concerns after learning that companies were planning a public letter criticizing the Budget decisions. The Prime Minister’s spokesman stated they were not aware of any attempts to discourage businesses from signing a letter, adding: “Obviously you’ve seen vast waves of reaction to the Budget, as you do with all fiscal events, and this is no different.”

The Treasury has defended its decisions, arguing that “difficult choices” were necessary in the Budget. A Treasury spokesperson said earlier this week: “By doing this, more than half of employers will either see a cut or no change in their National Insurance bills. There will be £22.6 billion more for the NHS, and workers’ payslips will be protected from higher tax. This government is committed to delivering economic growth by boosting investment and rebuilding Britain.”

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John Lewis CEO criticises Rachel Reeves over ‘two-handed’ tax increase

HM Revenue & Customs (HMRC) has reported a significant increase in tax receipts, providing a much-needed boost to the government following criticism over the recent budget.

According to leading audit, tax, and business advisory firm Blick Rothenberg, total tax receipts have grown by £24 billion over the past year compared to the previous 12 months.

Tom Goddard, a Senior Associate at Blick Rothenberg, commented: “The total tax receipts continue to grow year on year after a slight blip in August (where they were just under a billion pounds lower than August 2023) with total tax receipts up £24bn over the last year compared to the 12 months prior. This provides some much-needed financial optimism for the government after a tumultuous budget which had many fearing the worst.”

He added: “The total tax collected over the last 12 months is now over £842 billion and getting closer to the £850 billion mark, which will likely be hit in the next month with December traditionally being a good month for revenues.”

Goddard highlighted that Labour’s commitment to increasing the national living wage will further boost HMRC’s highest revenue stream—income tax. “Those increases, and indeed those from the Employers’ National Insurance contributions, won’t, however, filter through until after April 2025,” he noted.

Despite this, there has already been an approximate 8% year-on-year increase in income tax receipts, surpassing the current 2.3% Consumer Price Inflation (CPI) figure, which itself rose by 0.6% in the last month. “Not only are those wages for the UK’s lowest earners going to continue driving this increased tax taking, but Labour’s affirmation that income tax thresholds and the personal allowance will remain frozen until the 2028/29 tax year will continue to drag more and more people into the higher and upper rate tax bands,” Goddard explained.

He also addressed the recent focus on UK inheritance tax, stating: “This tax brings in a relatively modest amount to the total tax take, with the prior 12 months’ total being just shy of £8bn, which is effectively 0.9% of the total HMRC receipts in the same period.”

Goddard added that it will take time before any proposed changes to Agricultural Property Relief (APR) and Business Property Relief (BPR) impact tax revenues. “Changes in those two reliefs won’t come through until April 2026, and Inheritance Tax itself is only payable until the end of the sixth month after the date of death. So, at best, anyone caught by that is not going to show through until the November 2026 figures are released.”

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Tax revenues rise £24bn, offering government optimism amid budget backlash

The brewing controversy over mis-sold car loans has forced Santander UK to set aside £295 million to potentially compensate aggrieved motor finance customers.

The bank joins a small but growing list of lenders that have started to make provisions for the growing scandal, which some analysts believe could leave the car loans industry footing a redress bill of as much as £30 billion.

Santander UK’s move takes the total amount earmarked by firms for compensation costs so far to just under £1 billion. This includes £450 million set aside in February by Lloyds Banking Group, a leading player in the vehicle finance market.

Expectations that lenders will be forced to redress borrowers en masse have been growing ever since the Financial Conduct Authority (FCU), the regulator, this year began a wide-ranging review into potentially unfair commissions in motor finance deals.

A landmark Court of Appeal judgment last month has significantly expanded the scope of the potential problem facing the industry, fuelling speculation that banks and the lending arms of car manufacturers face a crisis akin to the £50 billion payment protection insurance scandal.

The court ruling was the trigger for Santander UK’s provision, which was disclosed in its third-quarter figures.

The lender was originally due to publish its results in late October but delayed the release at the last moment to consider the ramifications of the surprise court judgment.

It said on Wednesday that it had decided to set aside money “in light” of the ruling and that £295 million encompassed “estimates for operational and legal costs, including litigation costs, and potential awards”. It cautioned, however, that there were “significant uncertainties as to the extent of any misconduct, if any” and that “the ultimate financial impact could be materially higher or lower than the amount provided”.

Analysts at S&P, the credit rating agency, said the development “illustrates the potential size of affected lenders’ liabilities” over motor finance.

The provision contributed to a sharp fall in Santander UK’s pre-tax profits to £143 million in the three months to the end of September, from £558 million a year earlier.

It is a blow to the bank, which is the British division of Santander, Spain’s biggest lender. Santander UK is one of several lenders that has seen a rise in customer complaints and county court claims over car loans since the FCA banned discretionary commissions in motor finance in early 2021.

Commissions are paid by lenders to car dealers for arranging loans. Some firms used discretionary arrangements, where commissions were tied to the interest borrowers paid on their loans. The authority banned them over concerns that the arrangements encouraged the sale of more expensive credit.

The jump in consumer complaints about these commissions in recent years prompted the watchdog to start an inquiry in January into discretionary arrangements struck as far back as April 2007. The broad scope of the continuing review stoked speculation that lenders might be forced to compensate customers, expectations that have been further fuelled by last month’s court judgment.

The ruling is significant because it applies to all types of motor finance commission, not just discretionary arrangements. The court found that any commission that was not properly disclosed to a borrower, or consented to, was unlawful and it decided that lenders were liable to repay the money to consumers.

This sent shockwaves through the car loans industry because it set a much higher threshold for disclosure and consent than had previously been required by regulation. Several lenders temporarily suspended their motor finance operations while they overhauled their procedures to ensure they were compliant with the ruling, causing chaos in the market.

The industry is now waiting for the Supreme Court to give its view on the matter. Close Brothers and FirstRand, the lenders at the centre of the cases considered by the Court of Appeal, have said that they intend to appeal to the UK’s highest court. The FCA wants the Supreme Court to “decide quickly” whether it will grant permission to appeal.

The crisis gripping the car loans market “exemplifies” problems with the Financial Conduct Authority’s approach to regulation, the head of the motor finance trade body has told peers.

Stephen Haddrill, the director-general of the Finance & Leasing Association, said a Court of Appeal ruling last month on the disclosure of commissions paid by lenders to credit brokers — mainly car dealers — arranging motor finance showed that there “hasn’t been clarity in the regulation about what should be made transparent”.

He told the House of Lords financial services regulation committee: “A lack of certainty is exemplified by what we’ve seen around motor finance in the last few weeks, in particular the inconsistency between the law and regulation.”

In 2019, following a lengthy review by the FCA of the motor finance market, the authority decided against a big overhaul of its disclosure requirements to force firms to be explicit with borrowers about commission amounts. It said at the time that “we doubt whether such changes would result in a significant change in behaviour” and added: “Consumers are unlikely to engage with detailed explanations of complex commission models.”

Yet the court in October ruled that “secret” and partially disclosed commissions in motor finance were unlawful. This mis-match between common law and the FCA’s rules is at the heart of the current turmoil in the car loans market and potentially paves the way for a flood of consumer compensation.

Asked by the committee on Wednesday about “secret” commissions in the industry, Haddrill replied: “Why did the FCA allow it to continue?”

His criticisms echo comments made by Sir Howard Davies, the former chairman of the FCA’s predecessor body, the Financial Services Authority, who told the committee last month: “I am disappointed that there has not been sufficient regulatory clarity on the rulebook, which has meant that the court has been able to step in with its own interpretation.”

A spokesman for the regulator said: “We are aware of the impact that the Court of Appeal judgement has had on firms and the market in general.”

More broadly, the FCA has been criticised by some in the City in recent years over what some consider to be an overzealous approach to regulation. Rachel Reeves, the chancellor, used her first Mansion House Speech to City grandees a week ago to argue that rules brought in since the 2007-09 financial crisis had “gone too far”.

Haddrill said there was “a surfeit of complexity” and told peers: “We feel that the regulatory regime at the moment is not conducive to lending”.

Anthony Coombs, the chairman of motor finance company S&U, which has drawn scrutiny from the FCA, also appeared before peers and said: “The FCA is not fit for purpose, at least as far as our sector is concerned. It is oppressive, it is deterring investment in the industry, it is inconsistent, and gradually it is smothering our section of the financial services market.”

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Santander UK sets aside £295m for car finance scandal