I am saddened by more bad news on the jobs front in Powys, this time in Presteigne.
Car parts maker Kaye Presteigne has gone into administration and it is the main employer in the town.
This follows the announcement of job losses in Newtown by Shop Direct.
The scale of these closures is worrying as is their potential impact on the economies of both Newtown and Presteigne.
We must ensure that we help attract new businesses quickly to both these towns to support all the employees and their families at this time.