CVC’s Global Sport Group to announce deal with Gordon Brown-linked Pimco Sport Business CVC Capital Partners’ new sporting arm Global Sport Group is set to announce a deal with Gordon Brown-associated asset management group Pimco. The deal will see the firm which manages around $2 trillion in assets heavily involved in debt financing, according to Sky News’ Mark Kleinman. The senior debt financing is set to be worth [...]
Lobbying chief urges firms not to work with unregistered agencies Business The boss of the lobbying sector’s industry body has urged public affairs chiefs to stop working with agencies that have not signed up to its code of conduct, after several blue-chip companies were forced to sever ties with Peter Mandelson’s lobby firm, Global Counsel. In a draft letter seen by City AM, PRCA chief Sarah [...]
Brown dubs Mandelson row as ‘serious’ test for Starmer Politics Gordon Brown has increased pressure on Keir Starmer by warning that the controversy surrounding Peter Mandelson’s links to Jeffrey Epstein represents a ‘serious’ test of the prime minister’s authority and judgement. Speaking on BBC Radio 4’s Today programme, Brown defended Starmer’s personal integrity but said the Labour leader now faced an urgent task to restore trust after appointing [...]
The Mandelson Epstein scandal: Squalid, brazen and outrageous February 5, 2026 Sex, money, power and influence. Peter Mandelson, once a towering figure in Labour, in the government and in the City, has fallen. He is now the subject of a police investigation into allegations of misconduct in public office after thousands of emails contained in the latest Epstein files released by the US Department of Justice [...]
‘Very clever’ – Mandelson shared sensitive advice with Epstein at height of Eurozone drama February 3, 2026 Peter Mandelson sent Jeffrey Epstein sensitive advice concerning the liquidity of the UK financial system and the stability of the euro that had been shared with Prime Minister Gordon Brown. In the exchange, which took place in May 2010 at the height of the Eurozone debt crisis and in the turbulent political aftermath of the [...]
This time there can be no way back for Peter Mandelson February 3, 2026 On 9 June 2009 Mandelson told the House of Lords that, as Business Secretary and First Secretary of State, he was focused on helping Britain to emerge from recession “stronger, more competitive and able to grow in the future,” adding that government policies will “enrich our society.” Days later he appeared to be more focused [...]
Mandelson told Epstein he was ‘trying hard’ to change bank bonus rules February 1, 2026 Peter Mandelson told Jeffrey Epstein he was “trying hard” to change government policy on bankers’ bonuses at his request, months after Epstein had paid thousands of pounds to the then UK business secretary’s husband and the 2008 financial crash. Emails released by the Department of Justice on Friday showed new details of the closeness of [...]
It’s not just LISAs: Stamp duty land tax is a London problem too November 25, 2025 Getting on the property ladder is getting harder and harder for young people. Dwindling housing supply coupled with growing demand for property has left sellers receiving offers significantly above the asking price, with squeezed buyers turning to family members to fund ballooning deposits. But the costs do not end when the keys are handed over. [...]
Paddy Power founder: Bookies ‘scaremongering’ over tax hike damage October 28, 2025 The betting sector is “scaremongering” over the potential damage of a tax raid on gambling, according to the retired co-founder of Paddy Power, who said he had led similar industry warnings of job losses and store closures before other mooted tax changes. Stewart Kenny, who served as chairman and chief executive at the Irish gambling [...]
Reeves to scrap two-child benefit cap September 30, 2025 Rachel Reeves is poised to abolish the two-child benefit cap at next month’s Budget, in a move that will be cheered by anti-poverty campaigners but is likely to stoke bond market fears that the government is unable to reign in runaway spending and borrowing. The Chancellor is said to be exploring a new tapered system [...]