Lisa Smart

Lisa Smart

Liberal Democrat — Hazel Grove

Speaking in the House of Commons on 4 February 2026

Debate

Lord Mandelson

Contribution

I agree with the hon. Lady’s characterisation of some of the individuals we are talking about today. We will be supporting the Leader of the Opposition’s motion to request the information that is sought. The Liberal Democrats would go further, looking to a public inquiry in order to get to the detail that the victims deserve. The revelations about Peter Mandelson’s conduct raise profoundly serious questions about judgment, national security and accountability. The leaked emails suggest that while serving as a Cabinet Minister, he shared sensitive Government information, sharing details about the 2008 financial crisis, market-sensitive bail-out measures and potential asset sales. These allegations point to potential misconduct in public office, aimed at helping those involved to enrich themselves. They certainly warrant the police investigation that was announced yesterday, but also reveal catastrophic failures in the systems meant to protect our national interest. The emails highlight a fundamental lack of accountability that exists within our current system. The Prime Minister has rightly called Peter Mandelson’s conduct a betrayal, and has submitted material to the police and requested draft legislation on removing peerages. These responses are necessary, but it has taken the Government far too long to get to this position. Mandelson was appointed ambassador to the United States by this Government and this Prime Minister even after his links to Epstein had been extensively reported by the Financial Times and “Channel 4 News”.

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