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The latest speed report from TV and movie streaming service Netflix suggests UK broadband speeds are continuing to rise.

On average, Netflix subscribers were able to download content at a rate of 2.48Mb at peak times in October 2013, up from 2.4Mb in September.

Streaming speeds have increased from 2.02Mb in December 2012, with the UK ahead of the US on download capabilities, reports CNET.

Indeed, US Netflix streaming speeds fell to an average of 1.9Mb in October.

Among UK broadband providers, Virgin Media continued to perform the best, with an average speed of 2.9Mb.

BT achieved 2.5Mb, while O2, Sky, EE and TalkTalk all recorded speeds of around 2.3Mb.

"The average is well below the peak performance due to many factors including the variety of encodes we use to deliver the TV shows and movies we carry as well as home Wi-Fi and the variety of devices our members use," Netflix stated.

"Those factors cancel out when comparing across [broadband providers]."

As such, the firm said the broadband provider rankings are "a good indicator" of the consistent performance typically experienced across all users on a network.

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