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Cameron ‘Chopping Block’ May Worsen U.K. House-Price Slowdown

Evan Hillier knew his ambition to own a home would mean years of saving. With his job threatened by U.K. government spending cuts, it may now be impossible.

“I’ve just given up,” Hillier, 24, a clerk at the local council in Caerphilly, South Wales, said in an interview. “I know my head’s going to start being on the chopping block.”