Renaming themselves the Blue Nile (after the title of the 1962 book by Alan Moorehead), the group managed to raise enough money to record and release their first single, "I Love This Life", on their own Peppermint Records label. Only a limited number were produced, but one found its way to RSO Records via their friend and engineer Calum Malcolm: Malcolm had been a member of short-lived Edinburgh punk band The Headboys who had released their records on the RSO label, and he still had contacts with the company. RSO licensed the single for distribution, but almost as soon as the record was released RSO went bankrupt and was absorbed into the PolyGram recording company, and the single consequently disappeared.