Mandelson’s lobbying firm Global Counsel went bust owing £4.6m, report says

Consultancy that advised TikTok, Palantir and GSK collapsed amid fallout over former minister’s links to Jeffrey Epstein

Peter Mandelson’s former consultancy firm Global Counsel went bust owing £4.6m – including more than £600,000 to the taxman – a report by the group’s administrators has revealed.

The company, which provided advice to high-profile clients including Chinese-owned TikTok, US tech firm Palantir and UK pharmaceutical firm GSK, collapsed in February, after it lost a series of accounts over the peer’s relationship with the convicted child sex offender Jeffrey Epstein.