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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The three-day event in the Welsh capital is expected to attract more than 20,000 visitors.
Steve Ashton's picture of a jacket potato and corned beef served to his 81-year-old mother has been shared 130,000 times on Facebook.
The Welsh Conservatives pledged 'continued economic recovery' as they launched their manifesto in Builth Wells this afternoon.