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Randall is a Visiting Fellow at Oxford University's Business School, and has been awarded honorary doctorates of letters by Anglia Ruskin University (2001), the University of Nottingham (2006) and BPP University College (2011). He is also the twenty-ninth member of the University of Nottingham College of Benefactors, into which he was inducted in July 2010. He is an honorary professor at Nottingham University's Business School.
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