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Top story
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Momentum builds for Merseyside Innovation Awards
As momentum builds around the launch of this year’s Merseyside Innovation Awards, former winners have been queuing up to tell Insider their stories. Liverpool wildlife charity Landlife Group and Warrington-based 2D Heat share their tales of how the event helped to boost business and raise their profile outside the region.

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Deals
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Princes in ‘advanced talks’ with Premier Foods
Liverpool food and drink giant Princes is reportedly in advanced talks to buy the canning operations Premier Foods. The purchase price could be as much as £220m.

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MST sets sail with Dutch deal
Liverpool-based Marine Specialised Technology (MST) has secured a £2.75m funding package from NatWest to help it fulfil a contract worth more than €20m (£17.3m) from the Dutch Navy.

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Business
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Wirral jobs risk at Phoenix Chemicals
Wirral-based chemical manufacturing company Phoenix Chemicals has gone into administration putting more than 100 jobs at risk at sites in Bromborough and Annan in Scotland.

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United Utilities expects ‘solid’ performance
Warrington-headquartered United Utilities, the UK’s largest listed water utility, this morning revealed that it expects to deliver a “solid” underlying performance for the year to March 2011, with regulated revenue slightly higher than anticipated.

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Finance Director of the Year – full line up revealed
Insider can this morning reveal the shortlist for the North West Finance Director of the Year, set to take place at the Lowry Hotel in Manchester on 10 February.

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Bad weather shrinks UK economy - ONS
Severe weather has been blamed for the UK economy shrinking during the last three months of 2010. The shock decline of 0.5 per cent in GDP has raised fresh fears of a double-dip recession.

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Property
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MG motors into Manchester with Tansey
Liverpool interiors business MG has recruited Trevor Tansey to launch a new Manchester office to strengthen the company’s presence in the city and wider North West.

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Barratt secures Formby site
Property consultancy GL Hearn has secured a site in Formby for potential future residential development by Barratt Strategic.

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Sandersons seeks North West resi buyers
Sanderson Weatherall is looking to sell 80 North West houses with a combined value of £5m after the companies that owned them went into administration.

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