Wood, who scooped two Baftas last year, is among the new CBEs
Des O'Connor and Victoria Wood join a raft of figures from TV entertainment in the Queen's Birthday Honours.
The stars, who both become CBEs, are named on the list alongside Doctor Who writer Russell T Davies (OBE), and June Brown - Dot Cotton in EastEnders (MBE).
Recently retired rugby star Lawrence Dallaglio and boxer Joe Calzaghe are among the sportsmen recognised.
Broadcaster Joan Bakewell is made a dame and architect Richard Rogers joins the elite roll of Companions of Honour.
O'Connor, 76, who has worked as a singer, presenter and comedian, in a career spanning six decades, recently took over from Des Lynam as host of Channel 4's Countdown.
He described his honour for services to entertainment and broadcasting as a "great plus... I haven't done a day's work in my life - I've done a day's effort but not work, because it's something I love".
Sketch-writer and comedienne Victoria Wood, who is already an OBE and has won numerous awards for her comedy shows, picked up acting and writing Baftas last year for World War II TV drama Housewife, 49.
Joan Bakewell's delight at being honoured
There is also an MBE for Paul O'Grady, who found fame with his Lily Savage alter-ego, before going on to front his own chat show.
The same honour goes to expert Henry Sandon, from the BBC's Antiques Roadshow, for services to broadcasting, the ceramics industry and charity.
But it won't be arise Sir Bruce. Despite an online campaign by fans to secure a knighthood for Bruce Forsyth, the veteran television star, who became a CBE in 2006, misses out.
The Cabinet Office said many of the 959 people on the list - some 76% at MBE and OBE level - had been involved in charitable or voluntary work, or extra-curricular activities linked to their professions.
Scarfe is known for his political cartoons and caricatures
This was in keeping with the prime minister's intention that the significant majority of honours should go to "local heroes" who give up their time in service to their community, a spokesman said.
Merseyside-based youth football team coach Henry Bradley, and Philip Dolan, chairman of the Scottish Haemophilia Forum, who worked to secure a landmark public inquiry for people infected with contaminated blood, are among the new MBEs.
The same honour goes to John Newnham, for voluntary service to the Royal Marines Association in Shropshire, and Uanu Seshmi, co-founder, of the From Boyhood to Manhood Foundation in Peckham, south-east London. His organisation aims to tackle gun crime and gang culture among black and minority ethnic youths.
Christine Fulton, from Kilmarnock, becomes an MBE for co-founding the Care of Police Survivors support group. Her police officer husband Lewis Fulton, was stabbed to death as he responded to an emergency call in 1994.
Barbara Stocking, the Chief Executive of Oxfam GB, and Hilary Blume, who established the Charities Trust and Card Aid and launched the Association of Charity Shops, both become dames.
William Atkinson, a head teacher who turned around a struggling west London school, is knighted.
From the arts, a damehood goes to author Margaret Drabble, and operatic and orchestral conductor Mark Elder is knighted. There are CBEs for political cartoonist Gerald Scarfe and screen writer Lynda La Plante, best known for the TV police drama, Prime Suspect.
Lawrence Dallaglio was honoured for his sporting and charity work
In the world of sport, an OBE goes to Lawrence Dallaglio, the former England and Wasps captain, who has just retired from club and international rugby.
Dallaglio, also honoured for his charity work, became an MBE in 2003 after England's World Cup triumph.
Another former England captain, Bill Beaumont, is appointed CBE for services to rugby and charity. The vice-president of the International Rugby Board is also an honorary president of the Wooden Spoon charity for disadvantaged children.
Boxing champion Joe Calzaghe, who defeated Bernard Hopkins in Las Vegas in April and was voted BBC's sports personality of the year in December, adds a CBE to the MBE he picked up four years ago.
"For the first time in my life I was knocked out," he said.
"It's unbelievable when I think back to when I was a kid that one day I would have achieved so much through boxing, and my teachers laughed at me when I said I was going to be a boxer."
MBEs go to Northern Ireland and Fulham striker David Healy, and Cyrille Regis, one of the first black football stars in the modern English game. The same honour goes to Arsenal and England women's footballer Kelly Smith, and her teammate, Julie Fleeting, the Scotland captain.
Motorsport legend John Surtees, who won the 1964 Formula One title after taking seven motorcycling championships, becomes an OBE for services to the sport and charity.
In the diplomatic list for Britons based abroad, Nobel prize winner Dr Richard Roberts is knighted for services to molecular biology and science, neurologist and best-selling writer Dr Oliver Sacks gets a CBE for services to medicine, and veteran film director Michael Apted becomes a Companion of the Order of St Michael and St George.
In business, Clara Furse, chief executive of the London Stock Exchange, is made a dame. And a CBE goes to Lloyd Dorfman, who heads the Travelex Group and is a major arts donor.
Anna Wintour is the editor-in-chief of American Vogue
There are OBEs for Anna Wintour, editor-in-chief of American Vogue, and Eve Pollard, former editor of the Sunday Mirror and the Sunday Express.
Former policeman Dr Michael Paterson, who had both his arms blown off in an IRA attack and went on to become one of the leading clinical psychologists in Europe dealing with trauma, becomes an OBE for services to healthcare in Northern Ireland.
Insp Nick Purdie, from Northamptonshire Police, who worked on the development of number plate recognition technology in the UK, becomes an MBE. And Timothy Brain, the Chief Constable of Gloucestershire who led the response to the floods in 2007, becomes an OBE.
Knighthoods go to two sitting MPs, Alan Beith, the Lib Dem's longest-serving MP and a former deputy leader of the party, and the Conservatives' Peter Viggers.
The government's so-called respect tsar Louise Casey becomes a Companion of the Order of the Bath for her work as head of the Home Office anti-social behaviour unit.
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