"The Last Time" is a song by Taylor Swift featuring Gary Lightbody, taken from Swift's fourth studio album, Red (2012). Swift wrote the track with Lightbody and Jacknife Lee; the latter two are members of the rock band Snow Patrol. A power ballad, the song sees Swift's and Lightbody's characters expressing their perspectives on a failed relationship, torn between heartbreak and forgiveness. The production combines alternative rock and folk over dramatic string instruments and an orchestral background in the refrain.

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