British police on Monday arrested Peter Mandelson, a former U.K. ambassador to the United States, in a misconduct probe stemming from his ties with Jeffrey Epstein. Police are investigating Mandelson over claims he passed sensitive government information to Epstein a decade and a half ago. Mandelson served in senior government roles under previous Labour governments and was U.K. ambassador to Washington until Prime Minister Keir Starmer fired him in September over his ties to Epstein. The Epstein files suggest that Mandelson passed on sensitive — and potentially market-moving — government information to Epstein in 2009, when Mandelson was a member of the then-government. Mandelson also appears to have told Epstein he would lobby other members of the government to reduce a tax on bankers’ bonuses.
Source: The Times February 23, 2026 20:05 UTC