In 1980, a newly launched UK independent record label, christened Axis, suddenly discovered after its first batch of releases that another Axis already existed, so a new name was required.

A flyer designed to promote the label’s launch worked on the concept of a new decade and a new mission. In descending order down the page was written:

1980 FORWARD

1980 FWD

1984 AD

4AD

41 years after its inception, 4AD continues to look forward. But a record label’s catalogue of releases is essentially timeless. So, the idea grew to ask current artists to cover a song of their choosing from 4AD past: a creative experiment rooted in the spirit of collaboration and a snapshot of 4AD today.

Bills & Aches & Blues is out now digitally, with standard vinyl and CD editions also available, and a deluxe vinyl boxset later this year. The first 12 months’ profits from Bills & Aches & Blues will be donated to The Harmony Project, a Los Angeles-based after-school programme for children from communities and schools that lack equitable access to studying the arts or music.

Bills & Aches & Blues’ 18 recordings contain fascinating connections between artist and track. The earliest song chosen (by U.S. Girls) is The Birthday Party’s ‘Junkyard’, from 1981; the most recent are the two Grimes covers (‘Genesis’ and ‘Oblivion’, respectively by Spencer. and Dry Cleaning) from 2012. Suitably, for the one band that bridges 4AD past and present, The Breeders are all over Bills & Aches & Blues. They’re covered three times – ‘Cannonball’ by Tune-Yards, ‘Mountain Battles’ by Bradford Cox of Deerhunter and ‘Off You’ by Big Thief, whilst The Breeders cover ‘The Dirt Eaters’ by their ‘90s contemporaries His Name Is Alive.

Landmark songs such as ‘Cannonball’, ‘Song To The Siren’ and Pixies’ ‘Where is My Mind?’, will feel comfortable to casual fans, however by contrast, much joy can be found in the album’s surprise choices, such as Air Miami’s ‘Seabird’ and the Lush B-side ‘Sunbathing’, covered respectively by new signings Maria Somerville and Jenny Hval.

Bills & Aches & Blues is named, arguably (as Elizabeth Fraser never published the lyrics) after the opening line of Cocteau Twins ‘Cherry-Coloured Funk’. Perhaps too unique and uncoverable in their own right, their legendary take on Tim Buckley’s ‘Song To The Siren’, under the name This Mortal Coil (along with Buckley’s pre-Starsailor acoustic version) informs SOHN’s cover.

Some tracks unearth hitherto hidden shared DNA, such as Future Islands’ and Colourbox’s ‘The Moon Is Blue’; other tracks are more akin to reinvention. Aldous Harding distils the melodic essence of Deerhunter’s ‘Revival’ and recasts it in her own uncanny image. U.S. Girls’ future-disco ‘Junkyard’ and Bing & Ruth’s neo-classical instrumental ‘Gigantic’ are even more radical interpretations. Leading off the album, Tkay Maidza brings both her Art Rap and R&B game, but also an unexpected ‘80s synth pop template, to Pixies’ ‘Where Is My Mind?’, a perfect title for these chaotic times.