Coughlans Bakery has shut all 32 shops in South London. The long-standing chain folded on Tuesday due to liquidation. Rising bills and debts made trading impossible for this 90-year-old business. Romesh Ranganathan, the comedian who part-owns it, called the news devastating. Workers now face redundancy as the bakeries close immediately. The British Baker said the collapse reflects the original empire’s size. A well-known local name has disappeared from the high street. Zero revival talks are happening at present.