Pros
Pension - which has been capped Salary (for the region) which is capped until the Gov releases it. Relatively secure job as it is virtually impossible for them to lay off any staff. Nice gardens outside for a walk.
Cons
Don't be fooled by the brand. They are trading on past glories. Full of office politics. Promotion is through old boys network Zero women on the Director board = sexism is rife throughout the organisation. If you are joining it will be at the bottom of the pay band - regardless of what is advertised - this is non negotiable. It is a civil service organisation playing at doing commercial stuff. They have no idea what they want to do. There are a lot of "lifers" there - people who have been in the job for 20+ years and looking to run out the clock there.