Claim: Labour's plans to nationalise certain industries would cost at least £196billion and savers and pensioners could suffer further losses of £9 billion.
Fact-check: There are some problems with this estimate of Labour's nationalisation plans - Full Fact
Verdict: the analysis this is based on says either one or the other of these things happens, not both.  regardless its method is disputed and doesn't factor in the potential economic benefits of nationalisation.
Organisation: Full Fact
Author: Abbas Panjwani
Date published: 2019-10-17T00:00:00