Hitsville U.K. Lyrics

Lyric discussion by hangover grenade 

Cover art for Hitsville U.K. lyrics by Clash, The

This song is about the beginning of independent record labels.

Small Wonder was an indie record label that brought us The Cure.

Rough Trade was another label that helped make The Smiths famous.

Factory brought us Joy Division/New Order and the Happy Mondays.

It's amazing what Google and 5 minutes of research will do.

The one other label mentioned that you didn't is Fast Product, which was the small Sheffield label which The Mekons and The Human League began on.

Aside from those four labels mentioned in the lyrics (When lightening hits small wonder/Its fast, rough factory trade) the single's cover also references various other small labels like Postcard (perhaps the best known indie label at the time not mentioned in the lyrics), Fetish, Object Music and Tent.