DIARY: Marconi takes wooden spoon slot while M&S levels remain buoyant

Marconi has for the first time tumbled into the bottom three in the survey of the country's best and worst performing businesses in the national press.

The PR Wars figures, compiled for PRWeek by monitoring firm Press Watch, show the troubled telecoms giant getting closer to toppling current booby prize contenders Andersen and Consignia.

But all is not lost for Marconi. The results only cover January to July and last month's coverage of its refinancing deal may save the day. Well, that is as long as no journalists happen to be shareholders as well; the deal left them with just 0.5 per cent of the new company.

In the top half of the table Marks & Spencer still has a commanding lead in terms of favourable coverage. Meanwhile budget airline Ryanair is hanging on to its top ten status despite criticism of poor passenger service from the Air Transport Users' Council over the summer.

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