Peter Mandelson’s advisory firm cuts ties amid Jeffrey Epstein revelations

Global Counsel, which the sacked ambassador to the US co-founded, starts to sell off his multimillion-pound stake

Peter Mandelson's advisory firm is cutting ties with him after his firing as US ambassador after the extent of his relationship with paedophile Jeffrey Epstein was revealed in emails.

Global Counsel, which Mandelson co-founded in 2010 alongside Benjamin Wegg-Prosser, is in the process of selling off his multimillion pound stake to a new investor. The sale is expected to conclude within the next two months.