Chief of lobbying firm founded by Mandelson to quit after Epstein backlash

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Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.

The chief executive of Global Counsel, the advisory business co-founded by Lord Peter Mandelson, is set to resign following disclosures about the company’s links to Jeffrey Epstein.

Benjamin Wegg-Prosser, who founded the business with Mandelson, is expected to step down on Friday, a person with direct knowledge of the matter said.

This is a developing story