Global Counsel says administrators will take control on Friday, blaming the "maelstrom" surrounding Mandelson.
Most Recent Articles
'Iran shoots down US jet' and 'race to find pilot'
The downing of a US fighter jet in Iran and the search for its pilot dominates Saturday's papers.
Rescue team in Iran face 'harrowing and dangerous' search for US crew member
A former US marine tells the BBC the priority of any recovery team would be to look for signs of life.
What not to say to a friend who is struggling to conceive
People struggling to conceive say friends and family often make well-meaning but insensitive comments about their infertility.
Power-washing, pool-cleaning and mowing: Why millions are playing games about mundane jobs
PowerWash Simulator 2 has been nominated for two Bafta Games Awards - but why have mundane job games become so popular?
Bus or Lime bike? New subscription heats up the race for a cheaper commute
How we travel to work in cities might be changing as e-scooter and e-bike fares become cheaper than traditional public transport.
State pension age starts rising to 67 - here's how much you get and when
The age at which people can start receiving the state pension is going up in stages over the next two years.
Faced with new energy shock, Europe asks if reviving nuclear is the answer
As war drives up gas and fuel prices, Europeans turn again to the issue of energy independence.
After 16 years in power, can Viktor Orban finally be unseated?
Hungary is going to the polls in nine days - after 16 years in power, can Viktor Orban be unseated?
Three charged over Jewish charity ambulance fires
Four Hatzola ambulances were set alight in the car park of a synagogue in Golders Green in the early hours of 23 March.
Artemis II crew take 'spectacular' image of Earth
The snap was taken aboard the Orion capsule by its commander, Reid Wiseman, as the crew head towards the Moon.
Seven-try Northampton pass stern Castres test to reach last eight
Northampton are given a stern examination of their Champions Cup credentials by impressive Castres but win an engrossing contest to reach the quarter-finals.
Starmer's cost-of-living adviser calls for fuel duty cut extension
Lord Walker suggests the government should keep the 5p cut in place due to increased costs caused by war in the Middle East.
Guardiola wants Rodri to stay but says unhappy stars can go
Manchester City manager Pep Guardiola says unhappy players can leave the club, but he hopes midfielder Rodri will stay.
M&S boss calls for more action on crime and abuse of staff
Thinus Keeve's comments come days after an M&S store was targeted during disorder in south London.
M&S boss calls for more action on crime and abuse of staff
Thinus Keeve's comments come days after an M&S store was targeted during disorder in south London.
Leeds beat Bradford to go top of Super League
Leeds Rhinos move to the top of Super League as they earn a derby victory over Bradford Bulls at Odsal.
Cuba begins releasing more than 2,000 prisoners as US pressure mounts
US President Trump has made clear his desire to change Cuba's leadership and has placed the country under an oil embargo.
Russia chose 'Easter escalation' over ceasefire, says Zelensky
Six civilians were killed and 40 others injured as Russia launched hundreds of drones and missiles.
Marshmallows fall from the sky at annual Michigan Easter event
At the annual 'Great Marshmallow Drop', more than 15,000 fluffy treats fell from a helicopter as kids raced to collect them.
Unanswered questions remain after death of Australia's most wanted fugitive
Double-murderer Dezi Freeman evaded capture for seven months in the bush but police believe he had help.