Knighthood for John Lewis chairman Charlie Mayfield
John Lewis chairman Charlie Mayfield and Nigel Bogle, co-founder of the Bartle Bogle Hegarty ad agency, have been knighted in the Birthday Honours.
Sir Charlie, who joined the store group in 2000, recently oversaw a 15.8% surge in annual profits to £409.6m despite tough High Street conditions.
Sir Nigel and Sir John Hegarty's advertising agency launched campaigns for Levi's, Audi, and Johnnie Walker.
Former Public Accounts Committee chair Edward Leigh MP also becomes a Sir.
The same honour goes to the former Trades Union Congress head Brendan Barber.
Recipients involved in business and economics make up about 10% of the Queen's Birthday list.
Other senior business figure receiving knighthoods include Richard Olver, chairman of aerospace giant BAE Systems, and Andrew Dilnot, who was director of the Institute for Fiscal Studies for over a decade, and who recently headed up a commission looking into the costs of social care.
Academics to be knighted included John Hills, professor of social policy and director of the Centre for Analysis of Social Exclusion at the London School of Economics.
His work on fuel poverty, social housing and the pension system helped influence government policy and led to significant reforms.
Professor Christopher Pissarides, who won the Nobel Prize for Economics in 2010 for his work on search costs in labour markets, also is knighted.
Laurence Graff, who founded Graff Diamonds in 1960, has been made an OBE for services to the jewellery industry.
Honours for women in the sector were relatively sparse, but included MBEs for Holly Tucker and Sophie Cornish, co-founders of notonthehighstreet.com, the successful e-commerce marketplace for small businesses.
And former entrepreneur on the BBC's Dragons' Den show Hilary Devey is made a CBE for services to the transport industry and to charity,
The 56-year-old, who made her fortune after launching freight haulage firm Pall-Ex also campaigns for various charities including the Stroke Association and the Princess Royal Trust for Carers.
She said: "In every sense of the word, this is a great honour and I am equally flattered and flabbergasted. It is wonderful to receive such recognition, but this should be less about me, and more about the charities that I support and the amazing transport sector in which I am privileged to work."