Romesh Ranganathan’s bakery chain closes down due to soaring UK business costs

Stay up to date with notifications from The IndependentNotifications can be managed in browser preferences.Jump to contentThank you for registeringPlease refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged inAllNewsSportCultureLifestyleRelated: Romesh Ranganathan and Rob Beckett joke about Will and Kate having children at Royal Variety PerformanceComedian Romesh Ranganathan has expressed deep disappointment after Coughlans Bakery, an 89-year-old chain he part-owned, ceased trading due to escalating costs. The bakery, which operated across south London, Kent, Surrey, and West Sussex, announced its voluntary liquidation on Tuesday, having been co-owned by Ranganathan since 2024. Managing director Sean Coughlan attributed the closure to significant increases in business rates and employer national insurance contributions, stating these had "absolutely smashed local business." Mr Coughlan also cited a spike in fuel prices following the conflict in the Middle East, costing the company an additional £20,000 weekly, and recent heatwaves as the "nail in the coffin." Ranganathan shared Mr Coughlan's emotional video, captioning it "Gutted isn’t the word," while Mr Coughlan praised the comedian's involvement and expressed regret for letting him down. In fullRomesh Ranganathan ‘gutted’ as business he part-owned collapsesThank you for registeringPlease refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in

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