The Times June 6, 1995, Tuesday SECTION: Features LENGTH: 336 words HEADLINE: Wonderful formula won BYLINE: Paul Sexton BODY: Teenage Fanclub, Empire, W12 IN SOME parallel universe where the music business still plays by the old rules, Teenage Fanclub are blaring from radios and Dansettes nationwide, Paul Sexton writes. Back down here, their unbeatable combination of cool images and great songs can, it seems, be held at bay. That does not mean that the Scottish quartet did not enjoy healthy first week sales for their splendid new album Grand Prix. Simply that a band with such an impressive portfolio of singles ought to be airplay essentials and denizens of the upper regions of the charts. Instead, they're always stuck in second gear, just outside the ''Fun 30'', as Tony Blackburn would have put it in the era that the Fannies remember so fondly. All such frustrations are being put on hold during their latest British tour, which arrived in Shepherd's Bush to find the locals gagging for Glaswegian guitars. The Fannies were happy to oblige, going about the task with trademark geniality. ''Nice to see you, to see you ...'' offered lead singer Norman Blake, apologising for having no catchphrases of his own. Flippancy aside, the early delivery of What You Do To Me and its juxtaposition with new material made it clear how much Teenage Fanclub have matured of late. That first dash into the Top 40 three years ago remains agreeably melodious but is based entirely on a two-line lyric and comes and goes within a couple of minutes. These days the group writes songs of altogether more impressive dimensions, especially Neil Jung and the two Grand Prix singles to date, Mellow Doubt and Sparky's Dream. Putting the tin lid on any idea that they might merely be half-arsed riffmongers with some vague ambition to be Beatles for the 1990s, co-writer Raymond McKinley took the lead on what could well be the first use of the word Verisimilitude in a rock song title. ''I don't need an attitude,'' he sang. ''Rebellion is a platitude.'' A winning evening for the campaign for real songs.