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    1. Home
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    3. >UK police launch investigation into Mandelson over Epstein leaks
    Finance

    UK Police Launch Investigation Into Mandelson Over Epstein Leaks

    Published by Global Banking & Finance Review®

    Posted on February 3, 2026

    5 min read

    Last updated: February 3, 2026

    UK police launch investigation into Mandelson over Epstein leaks - Finance news and analysis from Global Banking & Finance Review
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    Tags:financial crisispolitical risk insuranceinvestment portfolios

    Quick Summary

    Starmer's government aids police in probing Mandelson's alleged leaks to Epstein, raising political and financial concerns.

    UK Police Investigate Peter Mandelson Over Epstein Allegations

    Investigation Overview and Implications

    By Alistair Smout, Paul Sandle and Catarina Demony

    Details of the Allegations

    LONDON, Feb 3 (Reuters) - British police on Tuesday launched an investigation into Peter Mandelson, Britain's former ambassador to the U.S., over alleged misconduct in public office, following claims that he leaked market-sensitive information to the late sex offender Jeffrey Epstein.

    Government Response and Reactions

    London's Metropolitan Police said in a statement that the investigation follows the receipt of reports alleging misconduct in public office, including a referral from the British government.

    Related Investigations Involving Prince Andrew

    Prime Minister Keir Starmer's government handed material to the police to investigate whether Mandelson leaked information to Epstein during the financial crash.

    Starmer told his ministers on Tuesday that Mandelson's alleged leaks to Epstein were "disgraceful." A few hours later, Mandelson said he would retire from parliament's upper house, the House of Lords.  

    "The Met will continue to assess all relevant information brought to our attention as part of this investigation and won't be commenting any further at this time," Police Commander Ella Marriott said.

    Separately, Thames Valley police were reviewing a new claim against the former Prince Andrew, according to a Guardian report.

    Mandelson, a major player in the Labour governments of Tony Blair and Gordon Brown more than two decades ago, is facing possible criminal charges after emails released by the U.S. as part of the Epstein investigation suggested he had leaked confidential government documents to the financier.

    The Times newspaper, which first reported the police investigation, said officers were expected to interview Mandelson and take statements from senior Labour figures, including former Prime Minister Brown.

    Following the announcement of the investigation into Mandelson, a government spokesperson said it stood "ready to provide whatever support and assistance the police need."

    The emails suggest that in 2009, Mandelson sent Epstein a memo written for Brown about possible UK asset sales and tax changes, and in 2010 gave Epstein advance notice of a 500-billion-euro ($590 billion) bailout by the European Union.

    STARMER'S GOVERNMENT TO COOPERATE WITH THE POLICE

    Mandelson, 72, was fired from his ambassadorial role in September, seven months after being appointed, after documents emerged showing he had remained close to Epstein for much longer than he had previously acknowledged. 

    In one message, he appeared to tell Epstein that his earlier conviction, for procuring a child for prostitution, was wrong and he should fight for early release. 

    On Tuesday, Starmer told his cabinet he was not reassured that the totality of the information had yet emerged, according to his spokesperson.

    His comments marked his strongest condemnation yet of the man he appointed ambassador to Washington last year despite his known association with Epstein, who committed suicide in prison in 2019. 

    "The prime minister said he was appalled by the information that had emerged over the weekend in the Epstein files," his spokesperson said. 

    Late on Sunday, Mandelson resigned from the Labour Party to prevent "further embarrassment", after a new release of millions of documents exposed details of his closeness to Epstein, including suggestions of payments to Mandelson and his husband. 

    The scandal has sparked concerns about Starmer's decision to appoint Mandelson as ambassador instead of a career diplomat, a decision advocated by his chief of staff, Morgan McSweeney.

    Labour lawmaker Clive Efford, speaking in parliament on Monday, said the "key question here is who advised the prime minister?"

    MANDELSON: NO RECOLLECTION OF EPSTEIN PAYMENTS

    Mandelson has not responded to requests about the allegations. A spokesperson, however, has said Mandelson had no recollection of financial payments, totalling $75,000, from Epstein, as suggested by other emails and media reports. 

    In an interview with the Times conducted late last month and published on Tuesday, Mandelson said Epstein had been a "master manipulator." He added: "I've had a lot of bad luck, no doubt some of it of my own making." 

    Starmer, seeking to get on the front foot after some of his lawmakers said Downing Street's initial response over the weekend was not strong enough, has ordered an investigation into Mandelson's links with Epstein during Brown's government.

    Brown, however, pre-empted him, saying that he had asked officials to look into the matter back in September but that he had been told they had unearthed no departmental records.

    The former prime minister said on Monday that after the "shocking new information" came to light in the latest tranche of Epstein papers, he had asked for "a wider and more intensive inquiry to take place."

    Starmer has also called for the former Prince Andrew to testify before a U.S. congressional committee, following new revelations about his links to Epstein.

    Asked about the situation at a meeting in Dubai on Tuesday, Prince Edward, Andrew Mountbatten-Windsor's younger brother, said: "It's really important always to remember the victims," echoing previous statements from King Charles and Queen Camilla.

    Citing a statement from Thames Valley police, the Guardian reported the force was aware of allegations that a woman was taken to an address in Windsor, where the former prince resides, for sexual purposes in 2010.

    The woman's lawyer told the BBC over the weekend that the woman, who is not British, was in her 20s at the time and was allegedly sent to Britain by Epstein for a sexual encounter with Mountbatten-Windsor. He has always denied any wrongdoing.

    "We are assessing the information in line with our established procedures," the police spokesperson said.

    The police did not immediately respond to a request for comment. A review does not necessarily lead to an investigation.

    ($1 = 0.8477 euros)

    (Additional reporting by Elizabeth Piper, writing by Paul Sandle; editing by Hugh Lawson, Mark Heinrich, Rod Nickel)

    Table of Contents

    • Investigation Overview and Implications
    • Details of the Allegations
    • Government Response and Reactions
    • Related Investigations Involving Prince Andrew

    Key Takeaways

    • •Starmer's government is assisting police in the Mandelson-Epstein investigation.
    • •Mandelson allegedly leaked sensitive information to Epstein.
    • •The scandal raises questions about Starmer's appointment decisions.
    • •Mandelson denies recollection of payments from Epstein.
    • •Starmer calls for a broader inquiry into the allegations.

    Frequently Asked Questions about UK police launch investigation into Mandelson over Epstein leaks

    1What is a financial crisis?

    A financial crisis is a situation where financial assets suddenly lose a large part of their nominal value, often leading to a collapse in financial institutions and markets.

    2What are investment portfolios?

    Investment portfolios are collections of financial assets, such as stocks, bonds, and cash equivalents, managed to achieve specific investment goals.

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