NEWS: Sell-off industries slated by media

Privatised industries are the companies journalists most love to slate, according to the latest Presswatch Quarterly review of national newspaper coverage.

Privatised industries are the companies journalists most love to slate,

according to the latest Presswatch Quarterly review of national

newspaper coverage.



Four former state-owned companies, British Rail, BT, Cable & Wireless

and British Gas, came in the bottom five of the review’s 1,135-strong

league of companies. British Gas notched up the dubious honour of coming

last with a score of minus 2,077, compared with the 738 accrued by the

overall winner, the Prudential.



Trafalgar House, which recorded new losses during the quarter, was the

one company in the bottom five not to have a nationalised heritage.

Others bubbling just above the bottom five include Barings, Eurotunnel

and Yorkshire Water. It was not all bad for the trio as they were each

up markedly on the last quarter, with Yorkshire Water topping the

‘ladders’ list of companies - those which showed the greatest

improvement in coverage.



At the top end of the scale, the Prudential’s high tally reflected

approval for its move into the direct banking sector. The runner-up was

Asda, with Rover, Fiat and National Savings taking up the other top five

positions.



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