Twenty years after he was knighted by the Queen, Sir Paul has been bumped up the honours list for services to music.
Sir Paul, who was knighted in the Queen's 1997 New Year Honours, will now be able to wear the initials CH after his name.
Founded in 1917, the Order of the Companions Honour is awarded for service of conspicuous national importance and is limited to 65 people.
The man who, with John Lennon, wrote some of the most popular songs in history has had the most successful solo musical career of The Beatles and is now treated as rock royalty.
Other Merseyside appointments include Angela Paget, formerly head teacher at St Bede's Catholic Junior School in Widnes who is appointed OBE.
Prof Anthony Colin Fisher, from Royal Liverpool University Hospital, becomes an MBE for services to medical physics while Richard Michael Twemlow becomes an MBE for services to scouting in Wirral.
Police detective Tracy O'Hara, a leading figure in Merseyside police's gay and lesbian support network, has received the Queen's Police Medal.
Recently, Paul McCartney went on recall to The Express the last time he saw Lennon: “I was at John’s place and Saturday Night Live was on and John said to me, ‘Have you seen this?’ I hadn’t, I was living in England, he was living in America. He said,
‘No, they’re offering us money to get back together — Lorne Michaels came on the show last week.’ And John said, ‘We should go down, just you and me. We’ll just show up. There’s only two of us, we’ll take half the money.’ For a second we were like, ‘Shall we do it?’ I don’t know what stopped us. It would’ve been work and we were having a night off so we elected to not go to work. It was a nice idea. Wenearly did it.”
