The advisory firm co-founded by Peter Mandelson has collapsed into administration, in the fallout from the scandal surrounding his historical links to paedophile financier Jeffrey Epstein.Global Counsel said it had stopped trading and that the majority of its roughly 80 UK staff have been made redundant.Administrators at Interpath have been appointed for the London-based lobbying business, which said it suffered a significant financial impact from a swathe of customers cutting ties with the firm

The advisory firm co-founded by Peter Mandelson has collapsed into administration, in the fallout from the scandal surrounding his historical links to paedophile financier Jeffrey Epstein.Global Counsel said it had stopped trading and that the majority of its roughly 80 UK staff have been made redundant.Administrators at Interpath have been appointed for the London-based lobbying business, which said it suffered a significant financial impact from a swathe of customers cutting ties with the firm.