I can't say enough good things about the Dogbox Records compilation CD, Blue Skies Up: Welcome to the New Pop Revolution. If you want to buy it (for a measly 8 quid), you can do so here. Trust me on this, there's hardly a clunker on the whole damn thing.
Sixteen songs, all by bands I'd never heard of until now - maybe they're all being hyped to the gills in the NME already, who knows?
It's hard to pick highlights, but let's have a go. Some bands you should definitely check out:
Swimmer One(electronic pop duo from Edinburgh)
Luxembourg (discopunk elektropop from Cologne - definitely elektropop with a K)
The Schla La Las (Piney, George, Delia, Katrin, and Hannah - nowhere near as twee as the name suggests)
Bib (East London anthemic-dour electropop)
The Bridge Gang (Franzified Hackney punkpop)
The Bleeding Hearts (A staggeringly good Morrissey rip-off, on "Stars")
Nakeru (epic, early Mogwai)
Morton Valence (Swoon-pop, utterly lovely)