Consultancy co-founded by Peter Mandelson falls into administration

Global Counsel stops trading after clients cut ties over former ambassador’s relationship with Jeffrey Epstein

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The consultancy co-founded by Peter Mandelson has collapsed into administration, after a number of clients cut ties with the company over the former ambassador’s relationship with the convicted child sex offender Jeffrey Epstein.

Global Counsel, which Mandelson co-founded in 2010, said on Friday that it had stopped trading and its staff in the UK were being made redundant.