Old New Borrowed And Blue

The fourth studio album was released by Slade on February 15, 1974, it topped the UK Albums Chart at No. 1 and has received a Gold certification from the BPI. Chas Chandler produced the album, during which Slade sought to diverge from their standard rock style. This is evident in the singles "My Friend Stan" and "Everyday," which were piano-driven and lacked the characteristic "Slade" sound.

In the US, the album was issued by Warner Bros. under the name Stomp Your Hands, Clap Your Feet, excluding the tracks "My Town" and "My Friend Stan" since they had already been released there on Sladest.

Old New Borrowed and Blue was recorded amidst various tours and promotional activities in late 1973, coinciding with drummer Don Powell's recovery from a nearly fatal car accident in July, which briefly cast doubt on the band's future. Despite his severe condition, Powell managed to recover, allowing the band to soon enter the studio to work on their new album. During the recording of "My Friend Stan," Powell was still using a stick to walk and needed assistance to get onto his drum stool. On this album, the band aimed to maintain their usual style on some tracks, while exploring different musical directions on others. According to Holder, the album's title was inspired by its content, which the band felt included a mix of old, new, borrowed, and blue songs.

""My Friend Stan" was released as the album's lead single in September 1973, reaching No. 2 in the UK charts. During Christmas 1973, the band also found success with their No. 1 single "Merry Xmas Everybody". The album "Old New Borrowed and Blue" came out in February 1974, securing the No. 1 spot in the UK. Before its release, the album was awarded Gold by BPI in the UK based solely on pre-order sales. A Slade spokesperson informed the Record Mirror that the album had sold twice as many cartridges and cassettes as their previous releases. In March, the album's second single, "Everyday," climbed to No. 3. In the United States, "Stomp Your Hands, Clap Your Feet" reached No. 168. "Good Time Gals" was released there as a single in February 1974, and "When the Lights Are Out" followed in May in both America and Belgium. Neither of these singles made a chart impact.