Knighthood for Derek Higgs


Higgs was named on the Queen’s New Year’s Honours list for his ‘services to corporate governance and finance’.

The bulk of his recommendations, contained in the Higgs Report, was accepted by the government and introduced into the new Combined Code, including new guidelines for improving independence in company board rooms.

Higgs will be made a ‘Sir’ alongside David Clementi, the accountant who is chairman of insurance giant Prudential, for ‘services to the finance industry’.

Other prominent names include Ian Phillips, partner at insolvency firm Kroll Buchler Phillips, ‘for services to the insolvency profession’ who receives an OBE and Robin Martin, director of the Tax Law Rewrite Project at the Inland Revenue who will receive a CBE.

The list also includes:

Companion of Order of the Bath:

Harold Brown, chief executive, of the government’s Export Credit Guarantee Department
Malcolm Trevor Evans, deputy director, business tax, Inland Revenue
Stephen Halliday, banking and financial services director, Post Office


  • Patricia Hodgson, assistant director, Inland Revenue
  • Iris Murdoch, head, welfare services, Inland Revenue
  • Andrea Pierce, anti-avoidance team leader, policy group, Customs and Excise of Tonbrige, Kent
  • Christopher Richards, ‘lately’ accountancy policy manager and secretary, Financial Reporting Advisory Board, HM Treasury


  • John Amos, area customer relations manager, IR
  • Subathira Arunachalam, ‘lately’ compliance support officer, IR
  • Roy Dowell, financial control manager, Employment Tribunals Service, DTI, of Cardiff.
  • Jennifer Furness, caseworker, enforcement section, IR, of Cleckheaton, West Yorks
  • Pauline Graham, ‘lately’ Revenue Officer, IR
  • Richard Lowrie, compliance group manager, IR , of Kings Park, Glasgow
  • Brian Wilson Matheson, business support manager, Customs and Excise, of Edinburgh

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