Diageo, Premier Foods, consumer spending: Everything that matters this morning

Mr Kipling brand relaunch helps sales growth at Premier Foods
Premier Foods saw revenues rise 1.3% in the first half of the year as the relaunch of the Mr Kipling brand and product innovation at its Batchelors brand drove growth. Half-year trading profit was up 6.2% to £51m, while net debt was £26m lower, with CEO Gavin Darby showing this performance shows the resilience of the group despite the hot summer.
“Mr Kipling, the Group’s largest brand was key to this growth fo