A piece of advice I've recently been given by a current airline training captain with regards FTOs is to work out who you would most like to fly for, and then train at their preferred FTO.
It won't gaurantee you a job with that organisation but you would be effectively targetting them from the start. Which may go down well if you ever get an interview.
The reality, I suspect, is that you could go to a BIG name school and still be as jobless afterwards as if you'd saved £10k+ training somewhere cheap.
Good luck!