The new album is set for release on January 14 through EMI in the UK and Capitol in the US.
Few songwriters have covered as much ground as this shape-shifting artist has in the past four decades, as the best Elvis Costello songs show.
The tour kicks off October 13 in Memphis, Tennessee.
The new track written and produced in New York by composer/arranger, Michael Leonhart in collaboration with guitarist Bill Frisell.
The track also features on Costello’s upcoming album, ‘Hey Clockface’, set for release through Concord on October 30.
Following ‘No Flag,’ Costello’s latest song and video hail from his recent sessions in Finland.
Costello recorded the track in three days in Helsinki at Suomenlinnan Studio - just a 20-minute ferry ride away from the Finnish capital.
Costello’s live version of Nick Lowe's classic song appeared on the 2012 box set 'Return Of The Spectacular Spinning Songbook.'
The run of 13 shows will get under way at Liverpool’s Eventim Olympia on 28 February.
Each included tracks from the late-1970s era when Costello and Blondie did friendly chart battle in the UK bestsellers.
“I am happy to accept this very surprising honour”, Costello said in a post on his official website.