Guns N` Roses plan new album

London: American hard rock band Guns N` Roses have confirmed plans to record a new album, and have promised it won`t take as long as their last album "Chinese Democracy".

The band`s last album had hit stores in 2008, a full 15 years after work began on the long-gestating record.

Front man Axl Rose is rumoured to have spent a massive $13 million in putting together the album.

"We`re talking about the new album right now. We`ve been throwing around a bunch of ideas and it should be good. We`ve got a lot of good stuff on the plate coming out. It won`t take as long as `Chinese Democracy`, I promise," quoted guitarist Dj Ashba as saying.

"I`m excited to get this next one rolling. Axl has a lot of good stuff up his sleeves, so I`m really excited about it," he said.