Mandelson quits Labour as Epstein documents reveal he promised to amend tax on bank bonuses – UK politics live
The peer said he resigned his membership of the party to avoid causing it ‘further embarrassment’Good morning. Peter Mandelson’s career in politics appears to be over. To be fair, journalists have written this at least four times before. But this time it may actually turn out to be true.It...
<p>The peer said he resigned his membership of the party to avoid causing it ‘further embarrassment’</p><p>Good morning. Peter Mandelson’s career in politics appears to be over. To be fair, journalists have written this at least four times before. But this time it may actually turn out to be true.</p><p>It was my former Guardian colleague David Hencke who first wrote a story in 1998 about a career-ending Mandelson scandal. It involved an undisclosed loan from a millionaire, and <a href="https://www.theguardian.com/politics/1998/dec/22/labour.labour1997to99">Mandelson resigned as trade secretary</a>. Three years later Mandelson was back in cabinet, as Northern Ireland secretary, when he had to resign again, over <a href="https://www.theguardian.com/politics/2001/jan/24/labour.labour1997to99">another story involving a favour and a rich person </a>(this time a billionaire – Mandelson’s appetite for scandal has been upwardly mobile). After a stint as a European commissioner, he returned to cabinet and it was assumed that Labour’s defeat in the 2010 general election would finish his politcal career. “All of us believe in dignity in retirement,” said Ed Miliband, the incoming Labour leader, explaining why <a href="https://www.bbc.co.uk/blogs/newsnight/michaelcrick/2010/06/ed_miliband_says_no_to_mandels.html">he would not be giving Mandelson a job.</a></p><p>Mandelson responded within minutes: “Trying hard to amend as I explained to Jes last night. Treasury digging in but I am on case.” Epstein replied with: “let me know before jes please”, in an apparent reference to Jes Staley, then a senior banker at JPMorgan.</p><p>Two days later on December 17, Epstein emailed Mandelson asking whether Jamie Dimon, chief executive of JPMorgan, should “call darling one more time?”</p> <a href="https://www.theguardian.com/politics/live/2026/feb/02/uk-politics-peter-mandelson-jeffrey-epstein-labour-party-fallout-latest-updates">Continue reading...</a>
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