Currently, James is writing songs for Mcfly and his new band and he is also forming his new band, rumoured to be releasing a single later this year.

UPDATE: Rumours are that James band are to be called Son of Dork and that the first single will be out November 7th, titled Ticket Outtta Loserville though nothing is confirmed. Bustedonline.org confirmed this as the lineup:
James Bourne
Ben Jackson
Chris
Danny
Unfortunately however Ben Jackson left and returned to his former band. Check them out here and here.

James’ band are due to appear at the Fox FM PITP on August 28th and in Liverpool on August 29th

Matt
Matt has recently been admitted to the Priory for alcohol abuse and is now recording solo material and his first solo single is rumoured to be called Rock Star, though nothing is confirmed.

Charlie
Charlie, of course, is having success with his ‘rock’ band, Fightstar.
Fightstar as a group, first released an EP which meant it didn’t chart. Next they released ‘Paint Your Target’ which charted at number 9. They are now nominated for a Kerrang award -
Best British newcomer.

You can check Fightstar out here.