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To be honest, whenever I hear this song I think it's about suicide too. Prepare yourselves, this comment turned out longer than I intended. Haha.

"I ran away in floods of shame I'll never tell how close I came As I cross the Holland road You went left and I went right As the moon hung proud and white You would of loved it here tonight"

Here he seems to be talking about something bad he's done - something he regrets. Someone upthread mentioned that he'd cheated on his girlfriend? I don't know much about the band members, so that's entirely possible, so we'll use that for the sake of argument. He's mentioning something that he'd done that he's ashamed of and it seems like he's already contemplating doing something (I'll never tell how close I came), perhaps coming close to suicide again? He's miserable at the fact that he did what he did and now they've parted ways because of it. He continuously thinks about this other person too.

The chorus is: "Spin me round just to pin me down On the cover of this strange bed Spin me round just to pin me down"

And to me, this is talking about a casket, or a bed of earth. It's a bed of sorts (you rest permanently in a casket, atop a cushion and pillow, and you rest in a bed of earth) so it's a bed, but in all respects, it's a strange one, and it's a bed you are essentially pinned down onto because you can't leave it.

But if you don't want to think of it being a casket, you could essentially view it as him lying on a bed that is empty. Perhaps still thinking of his lover that he's no longer beside, or that he's no longer sleeping in the bed they shared. He feels weighed down and pinned down by what all has happened and now he's trapped, alone, on a bed he doesn't feel is his (presumably because she isn't there).

The next verses are trickier.

"Roll out your questions keep them down Let the water lead us home And I was sorry for what I'd done"

This could very easily be taken as suicide. You have people asking "Why did he do it?" And he's saying just don't ask those sorts of questions. Instead, just let the water take us home. Water has often been a metaphor for traveling to the afterlife - River Styx, anyone? You had to travel it to get to the afterlife. But even so, he's still sorry for what he did, but can't take it back.

"You were young I was not old But our story was not told But torn apart by greedy hands"

Another one that could easily be linked to suicide. "You were young, I was not old", basically saying "hey, you were young but so was I and honestly, it really wasn't my time to die. I wasn't old like I should have been when I died." But it happened, regardless, and the former lovers' story was never told because it was "torn apart by greedy hands", hands that I can only assume are his own hands, as they were the ones that took his own life. And he admittedly calls himself greedy (or even selfish) for doing such a thing.

"Spin me round just to pin me down I'll be gone by the nights end Spin me round just to pin me down"

I'll be gone by the night's end could mean a couple things. Either directly referring to death, in that he means he'll be dead by the morning. Or he could also mean his memory, say that once he's buried and gone and lying in his permanent, strange bed, his memory will fade soon enough and the woman he wronged will finally be free from what he did.

So yeah, lots of ways to interpret this song, but this is how I personally took it. :)