A building firm in Old Colwyn confirmed today that they have gone into administration.
There have been fears for the future of Daniel Contractors, which employs 250 people at its North Wales site.
Administrators Deloitte say they are in discussions to sell all or parts of the business and safeguard as many jobs as possible.
More top news
A memorial service to mark the 20th anniversary of Srebrenica genocide is to be held at the Senedd later today.
The Caernarfon Search and Rescue helicopter service launch marks the final stage of a shift of services away from RAF Valley on Anglesey.
The Ashes clash between England and Australia begins in Cardiff this morning. The Test is expected to bring in £5m for the Welsh economy.