Lobbying firm co-founded by Mandelson goes into administration
Global Counsel's clients cut ties with the firm over Lord Mandelson's links with sex offender Jeffrey Epstein.
Coverage by Political Leaning
See how different sides of the spectrum reported this story
Notable Quotes
"The rapid and sudden loss of clients over recent weeks has had a monumental impact on the business."
— Will Wright , Executive
"Our immediate focus is on supporting the talented and loyal UK team of Global Counsel employees who, having collectively built a market leading business, now sadly find themselves having to be made redundant."
— Steve Absolom , Executive
"The main asset for sale will be the customer book but that customer book has quickly diminished."
— Nick Stockley , Executive
"I had the misfortune to meet Epstein on one occasion. It was a short meeting of no consequence and thankfully was never to be repeated."
— Benjamin Wegg-Prosser , Executive
"time to draw a line between the firm and Lord Mandelson’s actions."
— Benjamin Wegg-Prosser , Executive
Key People
Former prince with links to Jeffrey Epstein.
Benjamin Wegg-Prosser is a co-founder of Global Counsel and served as its chief executive.
British Prime Minister and leader of the Labour Party.
Lord Mandelson was a UK politician serving as First Secretary of State.
Nick Stockley is a partner at law firm Mayo Wynne Baxter.
Former UK ambassador to the US mentioned in the context of Epstein's network.
Steve Absolom is the managing director at Interpath.
Will Wright is the UK chief executive of Interpath.
Tags
All Coverage
Global Counsel's clients cut ties with the firm over Lord Mandelson's links with sex offender Jeffrey Epstein.
Global Counsel, a prominent lobbying firm co-founded by former UK ambassador Peter Mandelson, ceased operations and entered bankruptcy after losing clients due to Mandelson’s ties to convicted sex offender Jeffrey Epstein.
Global Counsel, the advisory firm co-founded by Lord Mandelson, has collapsed into administration after clients severed ties following revelations about Mandelson's links to Jeffrey Epstein.
Global Counsel, the advisory firm co-founded by Peter Mandelson, is to collapse into administration, blaming the 'maelstrom' caused by revelations about the former peer’s relationship with the convicted sex offender Jeffrey Epstein.
Global Counsel, the lobbying firm co-founded by Peter Mandelson, has confirmed it is preparing to enter administration after leading clients severed their relationships following details of Mandelson's links to convicted sex offender Jeffrey Epstein.
Global Counsel, the consultancy firm co-founded by Lord Peter Mandelson, is preparing to enter administration as early as Friday, following a wave of client departures after Lord Mandelson’s past links to convicted paedophile Jeffrey Epstein came to light.
Similar Stories
Related coverage based on topic and tags
Ex-bankers jailed for rigging rates have convictions quashed
Jay Merchant, Jonathan Mathew, Philippe Moryoussef, Alex Pabon, Colin Bermingham had their convictions overturned by the Court of Appeal.
October 7, 2026 at 12:28 PMUK's Headlam to delist after it collapses into administration - Reuters
UK's Headlam to delist after it collapses into administration Reuters
October 7, 2026 at 05:52 PMHeadmaster detained after BBC investigation into alleged sexual abuse of students
Former students launched their own investigation, spending years collecting evidence and testimonies from others who say they were abused by the headteacher.
October 10, 2026 at 12:28 PMTrump envoy kept financial ties to firm behind $15 billion Hormuz-bypass oil pipeline plan - Reuters
Trump envoy kept financial ties to firm behind $15 billion Hormuz-bypass oil pipeline plan Reuters
October 9, 2026 at 11:40 AMLawyer for one of Cornell 7 calls for special prosecutor to be removed over previous comments
New York Attorney General Letitia James is investigating the rape allegations, but the lawyer says comments she made on the case should disqualify her.
October 6, 2026 at 06:05 PMVenture Global breached LNG supply deal with Galp, tribunal rules - Reuters
Venture Global breached LNG supply deal with Galp, tribunal rules Reuters
October 8, 2026 at 04:55 PM