Springsteen is currently on tour with the E Street Band

The record, which lashes out at the war in Iraq, beat competition from Katie Melua's Pictures - a new entry at two.

In the singles chart, the Sugababes spend a second week at number one with About You Now.

Club anthem Let Me Think About It, by Ida Corr and Fedde Le Grand, is at two and X Factor winner Shayne Ward drops one place to three with No U Hang Up.

Ayo Technology, by rapper 50 Cent and Justin Timberlake, also drops one place to four, while the Plain White T's round out the top five with acoustic ballad Hey There Delilah.

TOP FIVE SINGLES 1. Sugababes - About You Now 2. Ida Corr vs Fedde Le Grand - Let Me Think About It 3. Shayne Ward - No U Hang Up 4. 50 Cent - Ayo Technology 5. Plain White T's - Hey There Delilah Source: Official UK Charts Company

The highest new entry comes from Welsh rockers The Stereophonics, whose It Means Nothing is at 12.

R&B diva Jennifer Lopez is the week's highest climber, taking her English-language comeback single Do It Well from 34 to 11.

Elvis Presley enters the chart at 15 with King Creole - the latest in a series of reissues marking the 30th anniversary of his death.

Other new entries in the top 40 come from Manic Street Preachers, Kate Nash and Mika.

TOP FIVE ALBUMS 1. Bruce Springsteen - Magic 2. Katie Melua - Pictures 3. Foo Fighters - Echoes, Silence, Patience and Grace 4. James Blunt - All The Lost Souls 5. Babyshambles - Shotter's Nation Source: Official UK Charts Company

Rihanna's Umbrella is the longest-serving single in the chart, notching up its 21st week.

In the album charts, US rock band the Foo Fighters drop from number one to number three with Echoes, Silence, Patience and Grace.

James Blunt's second album, All The Lost Souls, is at four while Pete Doherty's band, Babyshambles, score their first top five album with Shotter's Nation.