The song, written alongside Ivor Novello winner Simon Aldred, was produced by Andrew Wyatt, who worked on both of Liam's solo albums, and is out now. Buy it here.
Speaking about it, Gallagher says: "All You’re Dreaming Of is an instant classic that is perfect for this time of year. Considering the year that we’ve all had, I hope this brings back some much needed love and hope. Bing Crosby would have been proud."
Watch a lyric video below.