Just found this bit of discussion:

http://fatherandy2.proboards.com/index.cgi?board=Music&action=print&thread=62626

Aug 8, 2010, 7:03pm, vastariner wrote:
The Faders
Songs: No Sleep Tonight (no. 13, April 2005), Jump (no.21, July 2005)
Distinguishing factors: play own instruments, Molly Lorenne (McQueen) is Midge Ure's daughter
Reasons for failure: impatience on the part of Polydor
Fate: drummer Cherisse Osei is part of Mika's band, bassist Toy Valentine has recorded one acoustic track under the name Valentine Wild and plays with harder-Fader-soundalike trio Bullets For Kisses, Molly is still songwriting and recording and co-wrote a track with Katie Melua for the latter's album

Post by earlpurple on Aug 15, 2010, 4:02pm
Jump reached #2 in my chart. No Sleep Tonight was a smaller hit. I would hardly call them a Spice Girls rip-off - they had been gone long ago and Girls Aloud were going strong at this point so if anything they were more of a Girls Aloud rip-off or maybe Bananarama or even Shampoo - who knows? They were just a girl band who made catchy pop songs.

Post by vastariner on Aug 15, 2010, 4:14pm
It's more trying to fit the Spice Girls market. The girls who liked the Spice Girls had grown up, so to match that demographic the labels tried to find "proper" bands on the basis that those girls would now be into real music rather than manufactured pap. Only thing is they were not interested in manufactured "proper" bands and had gone straight into the Stereophonicses of this world. The Faders might have done better, musically speaking, to start from first principles, rather than straight into the charts - although doubtless, like all the un-promoted girl bands who have done likewise, they would never have had ANY success.