AceShowbiz -

Joan Collins and James Corden get another reason to celebrate on New Year's Eve. The two British stars are among names from showbiz world who will be recognized by Queen Elizabeth II in this year's New Year Honours list.

Collins, who was appointed an Officer of the Order of the British Empire (OBE), will be made a dame for services to charity. The 81-year-old actress, known for her roles in such films as "The Girl in the Red Velvet Swing" and "The Stud", says of the honor, "It is humbling to receive this level of recognition from my Queen and country, and I am thrilled and truly grateful."

Meanwhile, "Into the Woods" star Corden, who is set to replace Craig Ferguson as CBS' "Late Late Show" host, will be awarded an OBE for his services to the entertainment industry. A Buckingham Palace source tells The Sun, "James Corden is a huge young talent on many different fronts. His charitable work is also very impressive, making him a fantastic ambassador for the nation."

His ex-girlfriend and former "Gavin & Stacey" co-star Sheridan Smith will also receive the same honor, along with actress Emily Watson. Veteran actor John Hurt will be made a knight, while Fashion designer Mary Quant, television presenter Esther Rantzen and Kristin Scott Thomas will be named a dame. "I am thrilled, astonished and worried that I might suddenly wake up," says Academy Award-nominated actress Thomas.

Also included in the list are one half of vocal duo vocal duo Peter and Gordon, Peter Asher, and comedian/writer Meera Syal, who both will be made a CBE.