Some half truths here.
Although BA basic pay is around £40k for new entrants, you can add at least £10k pa to that for flight pay.
BA have not suspended recruitment. They were recruiting people to go into the hold pool. This means that people go along to an assessment, and if successful they go into the BA hold pool.
When BA need pilots they go to the pilots at the top of the hold pool list and send out offers of employment. Presumably this should happen in the next few weeks for the first batch, who presumably are needed for the new A321s coming on line end of October.
At the moment BA cannot issue contracts to new pilots, for "internal reasons" presumably those mentioned above.
So technically they have suspended recruitment, but as they haven't yet technically offered anyone a job then I guess there is really no change.