Y Records was a British independent record label set up in 1980 by Dick O'Dell in the United Kingdom, and distributed by Rough Trade.

Artists included the Slits, Shriekback and a number of groups that were associated with the Bristol indie band scene from the late 1970s: the Pop Group, Glaxo Babies, Maximum Joy and Pigbag.

The label's first release in 1980 ("Where There's a Will There's a Way" / "In the Beginning There Was Rhythm") was a split single by the Pop Group and the Slits, bands which shared a drummer (Bruce Smith) as well as manager (Dick O'Dell).

Pigbag's single, "Papa's Got a Brand New Pigbag") entered the UK Indie Chart in May 1981, and stayed there for 70 weeks in total, peaking at No.

O'Dell later joined with William Orbit's progressive house music company, Guerilla Records, which became prominent in British progressive house music in the early 1990s, with acts such as Leftfield, Spooky, React to Rhythm and D.O.P.