Lyric discussion by wordssaid 

Cover art for Many Ways lyrics by Bombay Bicycle Club

I think this is about him making a decision to break up with a girl. He does not want to hurt her like other men, who take away her "fortune"- her happiness. The start of the song is him explaining the disastrous relationship, as it "burned' and now someone has to clear the "embers" away- which might symbolise the devastation left over by the "fire" which might denote a fight or a big blow up between the two

In the next stanza we get the impression that he is talking with the girl about how the situation needs to be resolved, and she knows why he has come to her, and is "quick to guess his(my) choice". They both realise the relationship is unhealthy, as she says "I am sure your choice is right" to leave her, but he still feels quite guilty about it and mentions how he has "always been a coward" about breaking up a relationship- possibly because of the hurt he has gone through with them, and times when he has been dumped.

Truly beautiful lyrics, hats off to Jack Steadman <3

My Interpretation