Fred Goodwin was knighted under a Labour government, and it took the Tories under David Cameron, to put pressure on the Honours committee to strip him of it. Since 1995, the committee has recommended that 36 people, including the Zimbabwean president, Robert Mugabe, be stripped of their honours. Honours are normally taken away only if someone has been found guilty of a criminal offence or has been reprimanded by their professional regulator, including a professional register. If you think someone is deserving of a knighthood, Theland, you can always nominate someone yourself.