Mike Stevens, from the Tywyn Chamber of Tourism and Commerce, says he is 'desperately concerned' for staff losing their jobs at the Halo Foods factory.
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Carl Edwards has the latest edition of Newsweek Wales
The bitter rivals looked neck and neck over the first eight rounds, but Bellew crucially found the extra gears to win
Wales held a 16-15 lead over the world champions with 11 minutes remaining but the hope of a first victory was destroyed in the final stages