City Of London

Mandelson’s Firm Global Counsel Cutting Ties With Him After Epstein Emails

Peter Mandelson

Photographer: Paul Miller/Bloomberg

Peter Mandelson’s advisory firm is cutting ties with him after the extent of his relationship with pedophile financier Jeffrey Epstein emerged in a cache of embarrassing emails that saw him sacked as Britain’s ambassador to the US.

According to people familiar with the matter at Global Counsel, the strategy and communications firm Mandelson founded with Benjamin Wegg-Prosser in 2010, there is no way back for him and the process of divesting his multi-million pound holding in the company is nearly complete.