Overview
- Keir Starmer said he will not resign and pledged to release government records on Peter Mandelson’s appointment to the U.S. ambassadorship.
- Newly published U.S. Justice Department files indicate Mandelson received money from Jeffrey Epstein and shared confidential government and market information, prompting a UK police investigation and searches at two properties.
- Mandelson resigned from the House of Lords, and the government said it has sent a dossier to police and prepared legislation to remove his peerage.
- Downing Street was rocked by the departures of chief of staff Morgan McSweeney and communications director Tim Allan, who accepted responsibility for backing Mandelson.
- Pressure grew as Scottish Labour leader Anas Sarwar urged Starmer to quit, while UK borrowing costs rose before stabilizing after senior ministers voiced support for the prime minister.