I wonder whether any of you happen to know about this. I remember that sometime around 1989 or 1990, a friend showed me an obscure single that he had recently picked up. The singer sounded suspiciously like Neil Tennant, and if I remember rightly the credits on the sleeve were anagrams of Neil and Chris's names. However the group's supposed name had nothing to do with the PSBs, and no link to them was mentioned.
Unfortunately I can't remember the alias of the group or its members. And the single bombed, so it's unlikely to feature in any nostalgia reviews.