It is one of the staple headlines of British politics: Peter Mandelson has resigned. The so-called Prince of Darkness was sacked as US ambassador last September, yet that has done little to stem the flow of stories about the alleged nature of his relationship with disgraced financier Jeffrey Epstein. This weekend saw the publication of a further three million emails, triggering another avalanche of claims about Peter Mandelson’s links to the dead sex offender. So what next for Mandelson? And which former political grandees have successfully managed the transition out of the Commons? Should he be taking notes from George Osborne?

James Heale and Tim Shipman discuss.

Produced by Megan McElroy and Oscar Edmondson.

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