Summary
Global Counsel, a lobbying firm started by Peter Mandelson, has gone into administration. This happened after its clients left due to news about Mandelson's links to Jeffrey Epstein. The situation threatens 120 jobs, and the firm had already warned of major layoffs.
Key Facts
- Global Counsel is a lobbying firm co-founded by Peter Mandelson.
- The firm went into administration after losing key clients.
- This loss was linked to Peter Mandelson's connection to Jeffrey Epstein.
- The firm's closure could affect 120 employees.
- Global Counsel has offices in Berlin, Brussels, Singapore, Washington DC, and Doha.
- Peter Mandelson resigned from the firm's board in 2024 and was a shareholder until recently.
- Benjamin Wegg-Prosser, co-founder and past CEO, left his position on February 6.
- Information from Epstein-related documents played a role in the firm's problems.
