iPhone 5 on 3 network 500 min 5000 texts unlimited data @carphone warehouse £99 upfront £25 monthly 24 months = £699.00
UPDATE May 3: The deal now has double the minutes to 1000min.
I think this is the cheapest deal ever for an iPhone 5. Follow the link for the full details.
This thread is not for iPhone haters, go out and enjoy the sunshine, we all know you can't afford one so have to rant about it on Apple deals.
If you can find a cheaper iPhone 5 deal then please post as I am thinking of getting this one.
Also, possible £80 Quidco cashback from Carphone Warehouse.
Update now back to 500mins but still a good deal..