It doesn't matter how good your source components and amplification are, without a decent set of speakers your system won't sound great. Here's our pick of the best

Speakers are a key part of any hi-fi set-up, and choosing the right pair for your system, budget and room is an important business. There are hundreds of models to choose from and it can be a daunting task deciding which ones to buy. We'd recommend drawing up a shortlist, visiting a dealer to audition them and using your own ears to make the final decision.

But to help you on your way, here's our pick of favourite models, from budget £150 standmounters to £2000+ flagship floorstanders. Remember that your system, room acoustics and the type of music you like listening to will all be factors to consider before you buy.

Stereo speaker up to £200
Wharfedale Diamond 220
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Best stereo speaker up to £200, Awards 2014. There's a new champ in the budget speaker market.

Stereo speaker £200-£400
Q Acoustics Concept 20
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Best stereo speaker £200-£400, Awards 2014. Looking for a pair of top class sub-£500 standmounters? Q Acoustics' Concept 20s won't disappoint.

Standmounter £400-£800
B&W 685 S2
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Product of the Year, Awards 2014. The latest version of B&W's legendary 600 series has winner written all over it. Sounds superb.

Standmounter £800-£1200
ATC SCM 11 (2013)
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Best standmounter £800-£1200, Awards 2014. ATC has struck gold again. These are the most talented standmounters anywhere near this price.

Standmounter £1200+
PMC Twenty 22
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Best standmounter £1200+, Awards 2014. Impressive authority and scale for their size.

Floorstander up to £600
Q Acoustics 2050i
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Best floorstander up to £600, Awards 2014. Great value for money, with excellent refinement and great dynamic ability.

Floorstander £600-£1200
B&W 683 S2
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Best floorstander £600-£1200, Awards 2014. Another cracking floorstanding speaker from B&W's legendary 600 series, now further improved.

Floorstander £1200+
Spendor A6R
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Best floorstander £1200+, Awards 2014. Their conventional looks disguise an Award-winning performance.

Desktop speaker
Ruark Audio MR1
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Best desktop speaker, Awards 2014. Stylish, well-featured and delivering hi-fi quality sound, the MR1s certainly mean business.