A business expert is warning around 14% of retailers in Wales face going bust.
Chris Parry, from Cardiff Metropolitan University, says 2013 will be the toughest year of the recession to date.
It follows recent job losses at big chains HMV, Jessops and Blockbuster.
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At the moment providing youth services is discretionary, but the former Children's Commisioner Keith Towler wants to change that.
The three day annual event, held this year at Caerphilly castle is expected to attract thousands of visitors.
Dramatic footage of a near escape on the train tracks has been issued as part of the latest rail safety campaign