Just came across this article by Stewart Lee in which he mentions that the Blue Aeroplanes have a new album coming out. I'm not sure about his description of them as being like "Philip Larkin fronting Television" – Gerard Langley's lyrics were much closer to the beat poets, I'd have thought – but otherwise he's spot-on.
They were great, a real beacon of invention and individuality in the late 80s. I've got very fond memories of seeing them supporting REM on their 1989 Green tour, and they even managed a minor hit with a remix of And Stones, when Madchester was at its height.
Favourite song of theirs? Maybe Colour Me, which was a bit later, I think (maybe 1992), but those early albums are all worth seeking out.