After his retirement as Commissioner of Police of the Metropolis, on 6 April 2005 he was created a
life peer as
Baron Stevens of Kirkwhelpington, of
Kirkwhelpington in the
County of
Northumberland. He headed a
Metropolitan Police inquiry,
Operation Paget, into the
death of Diana, Princess of Wales, on 31 August 1997, which reported its findings in 2006. Lord Stevens of Kirkwhelpington was asked by the
Conservatives, under
David Cameron, to be their candidate for the
London Mayoral elections. He declined this offer. On 29 June 2007, having become one of the UK's leading security experts, in-coming Prime Minister
Gordon Brown appointed Lord Stevens of Kirkwhelpington as his Senior Advisor on International Security Issues.
David Cameron appointed Stevens as Chair of the Borders Policing Committee in 2007, a position he held for 9 months focusing on the reorganisation and policing of the UK's borders. In 2011, he was appointed by
Yvette Cooper MP, Shadow Secretary of State for Home Affairs to Chair an Independent Commission Policing Commission into the Future of Policing in England and Wales. The Commission, which reported its findings in Spring 2013, was set up in place of a Royal Commission and is made up of nearly 40 members all of whom are experts in the fields of academia, politics, national and international policing/security as well as key figures from community initiatives and business. In addition the Commission has secured contributions from 35 academics from 25 Universities from around the world including, Oxford University, Cambridge University, Northumbria University and Harvard University. Lord Stevens of Kirkwhelpington became Honorary President of the Police Credit Union in 2007. He is also Patron of the Police History Society. Lord Stevens of Kirkwhelpington holds positions at a number of security consultancy companies. Since 2014, he has been Chairman of the boutique investigative and security consulting firm Quest Global Limited (QGL), where he is also a
person with significant control. In 2020, Lord Stevens of Kirkwhelpington was forced to apologise when he was "found in breach of the House of Lords' code of conduct for failing to correctly declare his work for foreign governments" in connection with his position at QGL and his other consultancy work. QGL was also mentioned in connection with the alleged
bugging of Sir Frederick Barclay at the
London Ritz in 2020 and the subsequent legal action brought by Sir Frederick and his daughter against other members of their family. ==Honours==