 He was appointed an OBE in 1946 for services to wartime industries.Collins returned to the House of Commons at a by-election in 1954, when he was elected as MP for the inner London constituency of Shoreditch and Finsbury, following the death of the Labour MP Ernest Thurtle.He left the Commons and was created a life peer as Baron Stonham, of Earl Stonham in the County of Suffolk on 2 August 1958.