Sir Peter Wood

According to reports in Business Matters (11 October 2026), Sir Peter Wood is reported to have moved to United States.

Last updated: 25 October 2026.

What was reported

The Times reported an interview in which Wood said he moved his tax residence from the UK to the United States in 2025, as relayed by Business Matters. This reported record uses the 11 October 2026 Business Matters source.

Background

According to Business Matters in October 2026, Wood told The Times that he had moved his tax residence to the United States. Business Matters, 11 October 2026. The report identified Florida as the destination. Business Matters, 11 October 2026. It dated the residence change to 2025 without giving an exact moving day. Business Matters, 11 October 2026.

Timeline

Report dates show when a source published its account. Event dates keep the precision given by that source.

2025 (Event): According to Business Matters in October 2026, Wood said his tax residence moved from the UK to Florida during 2025. Business Matters, 11 October 2026.
11 October 2026 (Report): According to Business Matters, The Times published Wood's account of the completed residence change. Business Matters, 11 October 2026.

Type: Person
Known for: Founder of Direct Line and esure insurance companies; Sunday Times Rich List entrepreneur
Destination: United States
Florida
Status: Reported
Basis: Read the source account above
First reported: 11 October 2026
Sector: Finance (Insurance)
Last checked: 25 October 2026

Recorded statement

No direct statement of a reason is recorded.

Wealth estimate

GBP 795 million

Source: Business Matters (estimate, source not stated), 2026. An estimate is not a tax payment.

Sources

Business Matters, 11 October 2026Secondary source.