The entry requirements for all the flight schools I must have a Class One Medical Certificate before even starting any training. They will not take me on if I don't have it.
Another thing im considering is my chances of employment with an airline. Im definitely sure most non UK airlines (especially the gulf based ones) will not even touch me with a bargepole. I going to write to the UK based airlines to get their reviews on this. I have a feeling they will respond with a very diplomatic answers without any meaning.
At the end of the day there no point me spending and putting myself into serious debt if there the chances of me getting employment is slim. Especially in this economic climate.