Pros
Office in a location that is easy enough to get to, canteen is more than enough for lunch on those rainy days, IT department does contain very talented and experienced developers. In general I think there is a want to change things but it is very slow in gaining pace and may never be championed due to the business.
Cons
In general RAC is not a great place for IT professionals such as developers, due to various 1970s styles ways of working, like enormous amounts of technical debt and no time to address it, continuous changing of goal posts in sprints (anti-Agile 101) and a very poor set of infrastructure (which is basically outsourced). There is a severe lack of team mentality and teams very much work in silos. Oh and the parking and facilities (toilets!) are just ridiculous, I mean...it just defies words.