After revelations surfaced of his close ties and supportive messages to convicted sex offender Jeffrey Epstein, Lord Peter Mandelson was dismissed as the UK’s ambassador to the United States by Prime Minister Keir Starmer. However, despite being “removed with immediate effect,” reports indicate that the government has not yet formally severed his employment status. As a result, he remains on the payroll and is said to be eligible for compensation, possibly a six-figure package, pending legal or contractual settlement.

Separately, the advisory firm Global Counsel, which Mandelson co-founded, has moved to strip him of voting rights and dividends tied to his 21 % stake in the firm, effectively cutting off his financial benefits while it seeks to divest his holdings entirely. While public attention has focused on whether the state will continue paying him, significant steps have already been taken internally to limit his income streams from his private ventures.


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Lord Mandelson is STILL being paid his six-figure salary despite being sacked as Britain's US Ambassador more than two weeks ago | Daily Mail Online