British diy/post-punk band. Released at least one 7" on Earwacks records in 1980.
From hyped2death.com:
"The Balloons come from the more experimental end of things. Whatever pop sensibility they had came via mid-period Soft Machine, and Robert Wyatt fans should especially appreciate "Jean Paul's Wife." From the second of at least two singles plus an LP on London's Earwacks label."