A worker at Newport manufacturing company Rowecord has told ITV News that "a couple of hundred" jobs are being lost.
He said that many workers were told they were being made redundant half an hour ago.
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Updates on Swansea City, Cardiff, Wrexham and Newport County.
There will be some light rain but it's mostly dry with sunny spells developing.
The UK has experienced a 4.4 magnitude earthquake. The epicentre was Cwmllynfell near Pontardawe in the Swansea Valley.