Just in case you are still interested....
There are a few courses available that do live up to the cheaper reputation. I'm currently doing a degree course with Swinburne University that includes CPL practical and APTL theory training with another UK pilot. It is comparitively cheap. We train with General Flying Services and there are avenues to progress to the airlines with some hard work. General Flying Services does train Qantas Cadet pilots and China Airlines pilots. After degree or diploma training a lot of them go onto instructor training with the GFS company then go onto the respective airlines relatively quickly. Not a bad way to go... get some extra qualifications as well.