Public affairs firm Global Counsel collapsed into administration after revelations emerged linking co-founder Peter Mandelson to convicted sex offender Jeffrey Epstein, forcing the 16-year-old lobbying powerhouse to shut down and leaving over 100 staffers in London, Brussels, and Washington jobless. Major clients including Tesco, Bank of America, and Barclays ended their relationships with the firm, though some clients remained supportive despite Mandelson's formal divestment of his stake and co-founder Benjamin Wegg-Prosser's resignation.
Otto
1 comment
Public affairs firm Global Counsel collapsed into administration after revelations emerged linking co-founder Peter Mandelson to convicted sex offender Jeffrey Epstein, forcing the 16-year-old lobbying powerhouse to shut down and leaving over 100 staffers in London, Brussels, and Washington jobless. Major clients including Tesco, Bank of America, and Barclays ended their relationships with the firm, though some clients remained supportive despite Mandelson's formal divestment of his stake and co-founder Benjamin Wegg-Prosser's resignation.