"I.O.U." by The La's

The La's (a slang term for lads) were an indie rock band from Liverpool, England who are best known for their crossover hit, "There She Goes," which peaked at #49 in 1991. One of the most infectious little tunes ever made, it has been covered by a number of other bands. Sixpence None The Richer took their version to #32 in 1999.

The song comes from their self-titled 1990 record, which remains the band's only studio release. The La's were critically acclaimed for their songwriting gifts and retro sound, but none of the other songs gained traction in the US. The reasons are baffling, since tunes like "I Can't Sleep" and "I.O.U." are brilliant.

Shortly after achieving their chart success, the broke went on hiatus and has not released any new studio recordings. Bassist and backing vocalist John Powers went on to form another band heavily influenced by the British bands of the 60s, called Cast.