Degradation is the formal term for removal of a knighthood or other honour.
[1][2] More recent examples include Sir Roger Casement, whose knighthood was canceled for treason during the First World War,[3] and Sir Anthony Blunt, whose knighthood was withdrawn in 1979.
[4] The most recent degradations centre on the fallout from the banking crisis at the end of the first decade of the twenty-first century.
Examples include Sir Fred Goodwin, the former chief executive of the Royal Bank of Scotland, who lost his knighthood in 2012 over his role in the bank's near-collapse in 2008[5] and Sir James Crosby, the former chief executive of HBOS.
This biography of a peer, peeress or noble of the United Kingdom, or one or more of its constituent countries, is a stub.