Ian Paice project with Paice having a sizeable interest in the band. The collaboration turned out to be a successful one and produced a couple of albums and extensive tours. Paice left Moore's band in April 1984 to rejoin Deep Purple, and he remains in Deep Purple to the present day. Paice plays drums on the Velvet Underground's final album "Squeeze", which was released in 1973. At that point, the band only consisted of singer and multi-instrumentalist Doug Yule (all of the other members, including Lou Reed, had either left or been fired by their manager), and the album was poorly received
Jim Paice 1973–79, he was a farmer and contractor. From 1979–87, he was Training Manager at Framlingham Management and Training Services. At United Framlingham Farmers Ltd, he was non-executive Director from 1987–89, then Director from 1989–1994. From 1976 until 1987, he was on Suffolk Coastal District Council, becoming the youngest ever chairman in 1983. Paice married Ava Patterson in 1973. They have two sons. Paice contested the Caernarfon seat for the Conservatives in the 1979 general election but lost to incumbent Dafydd Wigley of Plaid Cymru. At the 1987 general election he was chosen by the Conservatives to replace their incumbent member