Oh Mandy. You came and you took and kept taking. For it is not just the Labour party wrestling with the fallout from the Peter Mandelson scandal. Global Counsel – the lobbying firm which he co-founded in 2010 with his former aide Benjamin Wegg-Prosser – is battling to cope with the wave of bad PR which has followed Mandelson’s humiliation. And now, amid reports of firms looking at cutting ties over Mandelson’s stake in GC, its leadership has decided to act.

Wegg-Prosser is out as CEO, according to an email by........

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