Im not condoning this non-searching behaviour, but as I too am currently pondering this question I'll just give you my thoughts.
Some pro's and con's of both:
+ IR done in the UK at Oxford
+ MCC+JOC done in a 737classic sim at oxford
- Oxford costs about £10k more then FTE
-/+ OATs recently purchased by another company, this could cause some changes, not sure whether this is positive or negative tho
+ at FTE you get to spend a year in Spain! and it is cheap and easy to come bk to the UK for a weekend or so when you are feelin a bit pressured by everything, costs a bit more to pop bk from pheonix for the weekend!!
+ FTE is linked with GAPAN, the only flight school that is.
+ FTE is where BA used to conduct their sponsorship scheme and I believe still conduct MCC training.
- OATs grads come out with the "oxford complex".....
+ At FTE you will be flying the same fleet at the same airport for the whole time, no getting used to different aerodromes and different fleets
I have many more, and some may disagree with the points I've listed, but I'm cooking my lunch...and as others will tell you...do your own research!!