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