Monday, October 31, 2011 12:49pm ET by  
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Chris Martin says Coldplay's 'Mylo Xyloto' was inspired by the world's financial crisis

Coldplay have admitted that their new record, 'Mylo Xyloto', is a very real reflection of modern times and was partly inspired by the world's current financial crisis. 

The band, who scored a No.1 in the UK albums chart last night with their exciting new offering, told Spin magazine that frustration and disappointment with the state of the country influenced how they approached creating their new record: 

"The recession had something to do with it. And the feeling of being mad at the people who did sub-prime mortgages and got everyone in such a heap of trouble."

Chris Martin also added that it irritates him when people question Coldplay's integrity because of their global success:

"Some people misconstrue our band just to be a commercial venture. They question the soulfulness of Coldplay because we've done okay. Maybe it's because I'm English, but in terms of how people perceive us I only pick up on the negative side of it. I always feel like the big bad outside world just fucking hates us."

Watch the band's backstage rendition of 'Hurts Like Heaven' from their recent gig in Madrid here: