The band is Smash Palace and the song is titled "No Love Lost". It was released in 1985. I was going through some of my old tapes today and to my surprise it was there. I thought I remembered hearing it before but sometimes it's so hard to remember who the artist is.
Cheers,
Paul.
Admin note: I'm tired of moderating the continuous spam being posted here. Deleting 10-20 offensive, pornographic or otherwise unrelated comments every day is not what I am here for. Because you guys can't police yourselves and behave, for now I've disabled the commenting functionality altogether. We'll see if we can come up with a better system in future.