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I think someone's already asked this but with no response.
"Spin and its advantage" (6) is almost certainly "PROFIT".
Is anyone aware of any usage of the term "spin" to mean "profit" - or is there another explanation?

"Spin" is PR, so it's PR OF IT

Groan - why didn't I see that? Thanks ChrisE

It was me who asked about it on another thread (I prefer to tag onto a thread, or "hijack" it rather than starting multiple threads about the same puzzle).
I didn't spot that PR is spin, but all the same I don't think the clue really works.
"spin and it" would be prandit. "PR of it" would be spin of it.

I must confess that I struggled with the explanation at first but then it clicked. It's "spin and its" - its being the possessive, i.e. "of it", (e.g. its colour = the colour of it.)