The band are \'gutted\' they won\'t have a new album finished before next year
The band had originally planned to release new material by the end of their 360 Degree tour this July, but their commitments have made it impossible to finish sessions for the record, leaving them disappointed.
Bass player Adam Clayton said: "We had to have a meeting and look at the schedule to see if we could pick up any extra time to work on it, and we just realised that we couldn't.
"To be honest, everyone was a bit gutted. But it was the only sensible decision."