Global Counsel, a lobbying firm established by Lord Peter Mandelson, is on the verge of entering administration. According to an insider, the staff was informed about the impending closure after significant connection severance with Mandelson, following his controversial ties to the late Jeffrey Epstein. Currently, the firm employs approximately 130 individuals, but the concerns about its viability have emerged against a backdrop of client departures, particularly the recent exit of the prominent investment firm KKR.

After the departure of the chief executive on February 6, 2026, a new leadership team was formed, which includes Archie Norman, the chair of Marks and Spencer. However, despite fresh change at the top, the firm has struggled to retain business, leading to the decision to likely cease operations. The communication about the company’s fate has caused concern among employees, as there has been no official statement from Global Counsel regarding the potential administration.

This development raises significant questions about the future of lobbying in the UK, particularly how firms navigate reputational crises. The news of Global Counsel's situation occurs within a broader discourse on corporate governance and ethics as scrutiny increases on lobbying practices, particularly concerning associations with controversial figures. The implications of a prominent firm like Global Counsel shutting down highlight ongoing challenges in maintaining political integrity and managing client relationships in the lobbying industry.