From Jonny Greenwood (via The Quietus [via CoS (via Reddit [via Silver Rain])]):
We have finished the recording of the new album but we keep reevaluating the work we’ve done. We hope we’ll get it right soon, and after that we’ll start planning next year’s tour.
UPDATE (4:50 PM EST): Jonny Greenwood has taken to Twitter to clarify Radiohead’s recording status. GIFs below still apply.
• Radiohead: http://radiohead.com