Entrepreneurs recognised in Queen's 2011 New Year Honours List

Every year, the Queen rewards outstanding achievement and service across all sectors and industries in her New Year Honours list. This year's list features a healthy crop of business owners and entrepreneurs. Here's a round-up of the be-knighted and honoured captains of industry.

First up: Lush founders Margaret and Mark Constantine. The husband and wife team have received their OBEs for services to the beauty industry. Lush started life in a garden shed and has grown into an international superbrand with 600 stores in 43 countries.

Receiving an MBE is Rob Law, the founder of Trunki, the luggage brand for children. Trunki has gone from strength to strength since Law first conceived the idea back in university, turning over £1.14m last year. You can watch our interview with Rob Law here.

Also honoured was Dr Raymond Kelvin, the founder of fashion brand Ted Baker. Kelvin was awarded a CBE for services to the fashion industry. Kelvin started his first store in March 1988 in Glasgow. Today the brand turns over £163m with a portfolio of stores across the world.

Next, Alec Reed, the founder of Reed Recruitment, was awarded a knighthood for services to business and charity. Reed is a dedicated social entrepreneur, donating more than one million Rand to the Nelson Mandela Foundation to support education in South Africa.

Hamish Ogston, serial entrepreneur and founder of life assistance firm CPP Group was awarded a CBE for services to business and to the community in York.

Then there's Centrica chairman Roger Carr. Carr is shortly to become president of the CBI, replacing Helen Alexander. His knighthood was awarded for services to business.

And last but by no means least, these long-standing director-generals. David Frost, director-general of the British Chambers of Commerce, received a CBE for services to business, while Richard Lambert, director-general of the CBI, received knighthood for services to business.

Congratulations all.

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