Coughlans Bakery, an approximately 89-year-old chain with sites in south London and surrounding areas, has closed and is no longer trading, multiple outlets report. The business is described as being co-owned and partly backed by comedian Romesh Ranganathan, who is quoted as being “gutted” at the news. Reporting from different sources attributes the closure to a combination of pressures on costs and trading conditions, including rising costs facing UK businesses. Some coverage specifically points to heatwaves as a contributing factor, describing extreme weather as the final blow. Other accounts also cite government-related factors, including changes to taxes or business rules, in connection with the decision to shut down. Local reporting also frames the closure as affecting customers across Croydon, Sutton and Surrey, where the chain operated. Overall, the sources agree the long-running bakery chain has ceased trading after nearly a century, with financial pressures and operating conditions cited as reasons, and Ranganathan expressing public disappointment following the shutdown.