The October 1974 Dissolution Honours List was issued on 5 December 1974, following the dissolution of the United Kingdom parliament in preparation for a general election.^[1]

• Rt Hon. Robert Alexander, Lord Balniel, Minister of State, Ministry of Defence 1970-72; Minister of State, Foreign and Commonwealth Office 1972-74; Member of Parliament for the Hertford Division of Hertfordshire 1955-74.
• Rt Hon. Anthony Perrinott Lysberg Barber TD, Chancellor of the Exchequer 1970-74. Member of Parliament for Doncaster 1951-64; Altrincham and Sale 1965-74.
• Rt Hon. Gordon Thomas Calthrop Campbell MC, Secretary of State for Scotland 1970-74. Member of Parliament for Moray and Nairn 1959-74.
• Sir Harmar Nicholls Bt, Parliamentary Secretary, Ministry of Agriculture, Fisheries and Food 1955-57; Ministry of Works, 1957-60. Member of Parliament for the Peterborough Division of Northamptonshire 1950-74.
• Sir Arnold Silverstone, Joint Treasurer, Conservative and Unionist Party.
• Dame Joan Helen Vickers DBE, Member of Parliament for the Devonport Division of Plymouth, 1955-74.
• Dame Irene Mary Bewick Ward CH DBE, Member of Parliament for Wallsend 1931-45; Tynemouth 1950-74.

• Richard William Briginshaw, General Secretary, National Society of Operative Printers, Graphical and Media Personnel since 1951. Member, General Council of Trades Union Congress since 1965.
• Donald William Trevor Bruce, Member of Parliament for North Portsmouth 1945-50.
• Sir Hugh Kinsman Cudlipp OBE, Chairman, International Publishing Corporation Ltd. 1968-73.
• Sir Sidney Francis Greene CBE, General Secretary, National Union of Railwaymen since 1957.
• Reginald Thomas Paget QC, Member of Parliament for Northampton 1945-74.
• Mary Elizabeth Henderson, lately Chairman, Board of Governors, Charing Cross Hospital.
• George Douglas Wallace, Member of Parliament for the Chislehurst Division of Kent 1945-50; Norwich North 1964-74.
• Alfred Wilson, Chief Executive Officer, Co-operative Wholesale Society Ltd. 1969-74.

• Desmond Anderson Harvie Banks CBE, President, Liberal Party Organisation 1968-69. Member, Liberal Party Executive 1959-74; Chairman, 1961–63 and 1969-70.
• Braham Jack Lyons, Managing Director, Traverse Healy, Lyons and Partners.