Coughlans Bakery, a long-running bakery chain co-owned by comedian Romesh Ranganathan, is ceasing trading after rising costs in the UK. Multiple outlets report that the business has closed despite its long history, with one source describing the chain as 89 years old and another citing nearly 100 years. The Independent says the company stops operating due to financial pressures, including increasing business costs. Following the closure, Ranganathan is reported to have expressed disappointment, with one outlet quoting him as saying he is “gutted,” while another paraphrases him as being devastated by the shutdown. Other reports attribute the closure to broader pressures faced by businesses, though the consistent explanation across sources is that cost increases make continued operation difficult. The stories also indicate Ranganathan had become a co-owner and shareholder in the bakery business, and that news of the closure follows his involvement as the company’s circumstances deteriorate.