Diageo was last night named Britain’s most admired company for the second year running at the Management Today awards at Claridge’s in London.

The Guinness maker became one of only two companies to have won the Management Today award three times, the other being Tesco.

The rankings, in which companies are scored across nine criteria by peers, put property developer Berkeley Group second, Unilever third and the John Lewis partnership fourth.

The judges said: “Diageo is one of the handful of UK companies that is truly world class not only in the quality of its products but also in the scale and reach of its marketing and distribution. Nearly 30% of its revenues come from Asia, where spirits such as Ketel One and Johnnie Walker slip down a treat with the newly affluent middle classes.”

The full list is due to be unveiled later today.

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