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flag A UK business firm co-founded by Peter Mandelson entered administration after losing key clients, causing financial collapse.

flag A business services firm co-founded by former UK Trade Secretary Peter Mandelson has entered administration after losing key clients, leading to a sharp revenue drop and financial instability. flag The collapse, reported by the Somerset County Gazette, stems from the sudden termination of major contracts, though specific client names and financial figures remain undisclosed. flag The administration process, which halts creditor actions while a potential sale or restructuring is evaluated, has left employees facing uncertainty. flag The failure highlights the risks of client dependency in service industries amid shifting market conditions. flag No misconduct allegations have been made.

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