Newly released documents show Peter Mandelson, as president of Global Counsel, lobbied ministers post-election for events and meetings, potentially benefiting his firm and his Oxford University chancellor campaign. Emails and texts reveal exchanges with Spencer Livermore, Patrick Vallance, and Douglas Alexander.
Global Counsel, the lobbying firm co-founded by Peter Mandelson, collapsed in February owing £4.54m to creditors including £645,789 to HM Revenue and Customs. The firm's collapse on 20 February happened three days before Mandelson was arrested by police over allegations he passed sensitive information to Jeffrey Epstein. The firm had suffered a significant financial impact as customers cut ties amid pressure over its association with the former Labour minister and US ambassador.
Peter Mandelson's former consultancy Global Counsel has collapsed into administration owing £4.6m, including £645,789 to HM Revenue and Customs. The company, which advised TikTok, Palantir and GSK, lost several accounts after revelations about Mandelson's relationship with convicted sex offender Jeffrey Epstein. Administrators reported liabilities of £4,596,149 against realizable assets of £2.7m. Employees were collectively owed £2.6m. The collapse comes as Mandelson faces scrutiny over failing the UK government's enhanced vetting process before his appointment as ambassador to Washington.
Global Counsel, the lobbying firm co-founded by Peter Mandelson, collapsed owing £4.54m to creditors including £645,789 to HM Revenue and Customs. The London-based firm went into administration on 20 February 2026, three days before Mandelson was arrested over allegations he passed sensitive information to Jeffrey Epstein. The firm said it suffered significant financial impact after clients cut ties amid pressure over its association with the former Labour minister and US ambassador.
