He was given the award for services to business and charity in London. He was previously awarded an OBE in 2005 for services to further education.
Morris is a member of the London Enterprise Panel, established in 2012 by the Mayor of London to take a strategic view of the regeneration, employment and skills agenda for London.
He is also co-chair of its Skills & Employment Working Group and co-deputy chair of London Councils Young People’s Education & Skills, the lead strategic body for 14-19 education and training provision in the capital.
He is chairman of the Morris Charitable Trust, a charity funded by the Business Design Centre Group, andfrom 2010 to 2013 he was also chairman of the Ben Kinsella Trust.
Morris said: "I am absolutely delighted and very moved to be receiving this honour. It is not lost on me how fortunate I am to be surrounded by a loving family and to work with so many marvellous people in my business, charity and voluntary activities.
"I am deeply grateful for their help and support in whatever I've managed to achieve and feel this honour is also very much a tribute to them."