Lawrence Jones quits as UKFast chief amid investigation

▤ Summary

Lawrence Jones, founder of internet-hosting provider UKFast, has stepped down from his role as chief executive amid sexual misconduct allegations, which he categorically denies. The 51-year-old tech tycoon said he decided to take a leave of absence after “a number of false and malicious allegations" were made”. He added: “I am absolutely determined to ensure that they are fully investigated so that my name can be cleared. “The interests of the employees, clients and investors in the business are paramount and much more important than any one individual. In the meantime, I am confident that the business will continue to grow and prosper.” His wife Gail Jones, who is managing director, will take the helm of the Manchester-based hosting firm.

▦ Linked Companies

UKFast

$50M to $100M