He was awarded the CBE (Commander of the British Empire) in 2000. He was a member of the UK government’s Independent Commission on Banking between June 2010 and September 2011. He is an honorary fellow of Nuffield College, Oxford and King’s College, London. He has received honorary doctorates from six universities, including the London School of Economics. He is a University Global Fellow of Columbia University, New York. Mr Wolf won the Ludwig Erhard Prize for economic commentary for 2009, the 33rd Ischia International Journalism Prize in 2012, the Overseas Press Club of America’s prize for “best commentary on international news in any medium” for 2013 and the 2019 Lifetime Achievement Award at the Gerald Loeb Awards. His most recent publication is The Crisis of Democratic Capitalism (London and New York: Allen Lane, 2023).