The 'Alien' star will be named on the British monarch's annual New Year Honours list, which will released on January 1, 2015, for his services to drama throughout his 50-year stage and screen career, reported Daily Telegraph.
The 74-year-old received a Commander of the Most Excellent Order of the British Empire (Cbe) medal in 2004.
According to reports, actress Joan Collins will be made a Dame, along with talk show host and ChildLine charity founder Esther Rantzen.
British stars Sheridan Smith and James Corden will reportedly be in line for an Officer of the Most Excellent Order of the British Empire (Obe) medal.