The chief executive of the lobbying firm Global Counsel, Ben Wegg-Prosser, has resigned following the release of files related to Jeffrey Epstein. The fallout stems from revelations detailing the extent of involvement between Wegg-Prosser, Peter Mandelson, and the convicted sex offender during the company’s founding in 2010.
Crisis at Global Counsel
Wegg-Prosser’s departure, announced Friday, came as the firm faced a crisis triggered by the release of the Epstein files. Global Counsel has close ties to the Labour party and lobbies the government on behalf of clients, including Palantir. Barclays, a major client, had already ended its relationship with the firm.
The company has agreed to divest Peter Mandelson’s shares, with the transaction expected to be completed pending final approvals. Mandelson stepped down from the company’s board two years ago, but retained his shares. Archie Norman, the company’s chair, stated that the divestment will end any connection between Global Counsel and Peter Mandelson.
Emails Reveal Epstein’s Involvement
Emails released in the Epstein files show Mandelson sought advice from Epstein regarding the establishment of Global Counsel. Wegg-Prosser likewise directly contacted Epstein, sharing a draft statement intended to downplay the extent of Mandelson’s relationship with the convicted financier. The statement, shared in March 2011, claimed Mandelson was introduced to Epstein a decade prior through Ghislaine Maxwell.
Rebecca Park, previously managing director of UK Finance, has been named the new chief executive of Global Counsel, replacing Wegg-Prosser. Company filings from October 7, 2025, indicate Mandelson held 21% of the company’s shares, while Wegg-Prosser held 29%, with Park expected to acquire Mandelson’s stake.
Broader Implications
The released files also reveal that Mandelson sought Epstein’s assistance in securing “highly paid” roles with companies like BP and Glencore following Labour’s 2010 general election defeat. Hedge fund Rokos Capital Management terminated discussions with Mandelson regarding a potential advisory role.
Frequently Asked Questions
What prompted Ben Wegg-Prosser’s resignation?
Ben Wegg-Prosser resigned as chief executive of Global Counsel following the release of the Jeffrey Epstein files, which revealed his and Peter Mandelson’s involvement with Epstein during the company’s founding.
What action is being taken regarding Peter Mandelson’s involvement with Global Counsel?
Global Counsel is divesting Peter Mandelson’s shares in the company, aiming to sever all connections between the firm and Mandelson.
What was the nature of the communication between Mandelson and Epstein?
Emails show Mandelson sought Epstein’s advice on establishing Global Counsel and shared a “lead list” of potential clients with him. Wegg-Prosser also corresponded with Epstein, seeking input on a public statement regarding their relationship.
As Global Counsel navigates this challenging period, it remains to be seen how these revelations will impact its future operations and client relationships.
