US Edition
Peter Mandelson-founded lobbying firm Global Counsel on brink of closure
Global Counsel faces collapse after top clients including KKR and Barclays sever ties amid fallout from Peter Mandelson’s links to convicted sex offender Jeffrey Epstein, staff told.
- On Feb 19, Global Counsel told employees at an all‑hands it is preparing to enter administration as early as Feb 20, with administrators expected tomorrow.
- Facing leadership change, Global Counsel completed divestment of Mandelson's shares earlier this month after disclosures about Lord Mandelson's links to Epstein and staff departures, sources say.
- Major clients including KKR, Barclays, Klarna, Phoenix Group, Tesco, the Premier League, Vodafone and GSK have cut or ended ties, and Global Counsel employs around 130 staff facing collapse.
- Recruiters will be brought in to help employees with next steps as staff face redundancies, and the company said the office lease will be dealt with in the next few days following the move into administration.
- Facing a police investigation, Lord Mandelson has resigned from the House of Lords amid allegations he passed sensitive government information to Epstein, according to US files.
23 Articles
23 Articles
Epstein files fall-out sees Peter Mandelson-founded firm on the brink of collapse - The Mirror
Lobbying firm co-founded by Peter Mandelson is on the brink of collapse amid fall-out from his links to convicted sex offender Jeffrey Epstein - despite the company cutting ties with the peer
Peter Mandelson's lobby firm on brink of collapse amid scandal over Jeffrey Epstein relationship
Peter Mandelson’s lobbying firm is on the brink of collapse amid the scandal over his relationship with the late convicted paedophile Jeffrey Epstein.Global Counsel, the public affairs consultancy founded by the now disgraced peer, has been preparing to enter administration following a sharp loss of clients. The decrease in the consultancy’s business is linked to its founder’s ties with Epstein, senior management have told the company. Staff at …
Founded by former Labour politician and ex-ambassador Peter Mandelson, Global Counsel has collapsed and its connection to Jeffrey Epstein has frightened customers.
Evening Standard
Lobbying firm co-founded by Peter Mandelson set to enter administration
The appointment of administrators at Global Counsel could come as soon as Friday.
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