According to the Cabinet Office, Lord Mandelson sits on 35 of the 44 Cabinet committees and sub-committees which oversee government business. He sits on more committees than either the prime minister, the chancellor or the foreign secretary. These include areas such as health, immigration, climate change, trade, Africa, Olympics planning and food.
He’s not elected and “intensely relaxed about people getting filthy rich, as long as they pay their taxes”. The UK’s reputation globally is that of a tax haven, a situation engineered and promoted by… New Labour, so no wonder rich Lords can be so ‘relaxed’.