Production has come to an end at a lamb processing plant on Anglesey with the loss of 310 jobs.
Anglesey Council's head of Economic Development has told ITV News' Carole Green that the economic situation on the island is 'dire and bleak' and today's news is 'catastrophic.'
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Police uncovered crime ring after driver was found with cocaine worth £450,000.
They have been arrested on suspicion of perverting the course of justice and have since been released on bail.
North Wales Police said no one was injured, but they received a call saying there was a man with a firearm in Amlwch.