Painted Moon by The Silencers (1988)
This band never had the success they deserved in the 80's. Their debut single, "Painted Moon" was a minor international hit (reaching #57 in the UK singles chart) and invited critical comparisons to Simple Minds and U2. This version of the song is particularly brilliant and why the band never had a Top 40 hit in the UK, I'll never know!

The song featured on the band's debut 1987 album A Letter From St. Paul. I borrowed the album (on cassette) from a friend and I must have worn the tape out from playing it over and over on my Austin Metro car stereo. A great album! 

Whilst not over-popular here in Britain, The Silencers achieved commercial success in Europe and had a huge European hit with Bulletproof Heart.