The March 31 deadline for formal charges against Lord Peter Mandelson has passed without action by the Crown Prosecution Service, solidifying trader consensus at 100% "No" on this prediction market. Mandelson, former UK ambassador to the US and Labour peer, was arrested by Metropolitan Police on February 23 on suspicion of misconduct in public office over Epstein files alleging he shared sensitive government information with Jeffrey Epstein; he was released on bail, with conditions lifted by March 6 amid no reported progress. Ongoing police investigation persists, but procedural hurdles and evidentiary reviews have delayed prosecution authorization. Realistic shifts could involve late CPS approval with backdated filing or new evidence from US DOJ cooperation, though highly improbable post-deadline.