Lobbying giants weighed deal for Mandelson’s Global Counsel Advisory Two of London’s top advisory firms considered buying Global Counsel out of administration after the lobbying shop founded by Peter Mandelson collapsed amid revelations over its ties with Jeffrey Epstein. FGS Global and Flint Global were among several major consultancies presented with an offer to acquire Mandelson’s failed boutique by administrators, two people familiar with [...]
‘It’s a feeding frenzy’: US consultancy scoops up dozens of senior Global Counsel staff Business A little-known American advisory firm is poised to hire up to a quarter of Global Counsel’s senior leadership team, amid a “feeding frenzy” that has broken out for top staff left jobless by the ignominious collapse of the Peter Mandelson-founded lobbying group. Washington-headquartered Capstone expects to confirm as many as 20 senior hires in the [...]
WPP sells majority stake in FGS Global to KKR as group growth flounders Media WPP also reported its interim results in a separate announcement. Despite flat revenue at £7.2bn, there was a 2.6 per cent drop on a like-for-like basis.
Alastair Campbell’s PR agency holds back bonuses after Qatar’s late payment May 13, 2024 A top London PR agency that counts Alastair Campbell as a senior consultant was forced to delay its staff bonuses after the Qatari government was late paying millions of pounds of fees.