Hello Shiny_Pants,
The integrated -vs- modular debate is an ongoing one but in this economic, climate I think modular is the least risky option as the training can be staggered in time for a recovery, whenever that will be - and of course it costs some £30K less!
However, as it stands, BA will still ONLY accept newbies from recognised training outfits and those guys only provide integrated courses. Even then, the chance of getting a job with BA is slim and I mean really slim.
BUT BA will accept pilots from other airlines and then they really aren't bothered where the qualification has come from, so most BA pilots do indeed come from a modular route via another airline.
Strange but true!
Greg