The Idea of doing all professional training in one place is the prefered route with the UK CAA, who suggest no more than 2 training schools.
The BCFT was giving it to you straight.
As for the Job market, It near to non existent and will remain that way into the 3rd quarter of 2010.
All this is dependent upon how many companies lay off or go Bust this winter.
The Integrated providers are turning out an average of 25 pilots per month and recruitment whilst down, will see little change in the output in the coming year.
My advice for what its worth is :-
Take a maximum of 2 training establishments. (IR in UK)
Keep working and spread your training over the next 2 years.
Choose overseas training associated with a reputable UK company.(JAA Standards)
Keep a close eye upon exchange rates.
Keep a close eye on job losses.
Plan for a possible Self sponsored type rating.