US Edition
Peter Mandelson-founded lobbying firm Global Counsel on brink of closure
Global Counsel faces collapse after losing major clients due to fallout from Peter Mandelson’s links to Jeffrey Epstein, with over 100 staff impacted, administrators said.
- 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.
39 Articles
39 Articles
Lobbying firm co-founded by former U.K. ambassador Mandelson halts operations over Epstein fallout
The lobbying firm co-founded by Peter Mandelson, a former U.K. ambassador to the United States, collapsed into a form of bankruptcy Friday in the wake of the scandal surrounding his links to the late convicted sex offender Jeffrey Epstein.
Lord Mandelson’s International Lobbying Firm Collapses Over Epstein Files Revelations
Lord Peter Mandelson’s international lobbying firm has collapsed into administration after a wave of clients severed ties in the wake of renewed scrutiny over his links to Jeffrey Epstein. The post Lord Mandelson’s International Lobbying Firm Collapses Over Epstein Files Revelations appeared first on Slay News.
Associated Press News
Lobbying firm co-founded by former UK ambassador Mandelson halts operations over Epstein fallout
The lobbying firm co-founded by former U.K. ambassador to the United States Peter Mandelson has collapsed into a form of bankruptcy in the wake of the scandal surrounding his links to the late convicted sex offender Jeffrey Epstein.
Peter Mandelson-founded firm collapses into administration after clients cut ties due to Epstein links
The advisory firm co-founded by Peter Mandelson has collapsed into administration, in the fallout from the scandal surrounding his historical links to paedophile financier Jeffrey Epstein.
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
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