Let's stay in the UK and go with Birmingham, England.
Edit: Originally I had Arcadia's Election Day, thinking it was appropriate for this Tuesday. However, I forgot about the line with "Re-election day" in it. Would never have posted it if I had remembered that. Avoiding all politics, I'm going to go with another song from the Duran Duran spin-off ~ Goodbye is Forever.
@Binky - Where are you? We need your expertise. You post the next song (band or artist from Birmingham, ties with Birmingham, or about Birmingham) and get to pick the next city.
For all others, here's are some hints: Artist (or the band he co-founded) who was a solo act and in a supergroup featuring Bob Dylan, Tom Petty and George Harrison and was well known as Tom Petty's producer; Artist who sang about "The Finer Things" in life; and band co-founded by artist from hint #2. Easy!