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what is the cheapest iphone5 deal on 32gb or 64gb?

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I am after an iphone 5 in black either 32gb or 64gb and am trying to find the best deal, along with any cashback. I would prefer to stay with O2 if poss.

I am on PAYG at the moment so have no tie in other than wanting to port my existing no.

So far the best I have got is

carphone and phones4u both quoting this for o2
£26 p/w x 24 months + £295 for 32gb or £395 for 64gb = £919 for 32gb or £1019 for 64gb.

Is there anything better than this? I cant any better on dial a phone, chitter chatter either. Martin's link is for the 16gb which is too small for me.

thanks for any help
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