More than nine-out-of-ten Express.co.uk readers’ fear Mr Corbyn would burn a hole in their pensions with his extravagant policies if he was to become the next Prime Minister.  The left-wing Labour leader has already announced plans to nationalise a wide range of services including Britain’s railways, broadband, and water – in a scheme which Chancellor Sajid Javid has warned could “burn people’s hard-earned pension funds”. Research conducted by the Daily Express shows millions of ordinary men and women across the UK have invested funds in companies which the Labour leader has set his sights on.

The poll conducted on Monday November 18 between 2.30pm-9.30pm asked 8,272 Express.co.uk readers’ ‘Do you believe Corbyn will ‘burn your hard earned’ pension funds?’

A huge 93 percent of participants feared their hard-earned pensions would take a hit and voted ‘Yes’. 

Just six percent of those surveyed felt their pensions were safe and voted ‘No’. 

A further one percent remained unsure and voted ‘Don’t know’. 

The overwhelming majority of readers’ reacted furiously to the idea of their pensions being impacted by a Labour Government. 

One furious reader wrote: “Corbyn would take every penny you’ve got for his little plans and schemes.”

A second angry reader said:  “He will take the pensions and when they are gone he will just borrow more and fully bankrupt the country.”

A third reader wrote: “Pensions are not all the Momentum Marxist Labour Party will steal from us.”

A fourth user said: “Labour raided our pension pots under Blair/Brown, you just Can’t Trust Labour with Money or your Pension.”

A firth user simply said: “Absolutely no doubt whatsoever. It’s a certainty.”

According to data from Water UK, more than six million people invest heavily in the water industry via 67 pension funds. 

Pension funds heavily invested in BT, National Grid, British Airways and Church of England Investment Fund for Pensions could all be hit by the plans. 

Mr Corbyn’s proposals include nationalising Broadband that will deliver free full-fibre internet to every home and business by 2030. 

The Chancellor has said under a Labour Government everyone will pay the price of Labour’s “fantasy economics”. 

Mr Javid wrote in City.AM: “Beware of Marxists bearing gifts. 

“We will all pay the price for their fantasy economics – it will destroy jobs, burn people’s hard-earned pension funds and set our nation back. 

“Their latest wheeze for ‘free’ broadband is their most audacious con trick yet.

“It means yet another commitment to seize the private investments of millions of people who own a piece of BT.” 

CBI (Confederation of British Industry) director-general Dame Carolyn Fairbairn also warned about the economic impact of Mr Corbyn’s nationalisation plans and said they would “crack the foundations of our economy”.

And at the annual conference, in which the major political party leaders gave a speech, the CBI chief said the proposal to nationalise parts of BT was a “bolt from the blue” which had “sent a chill through boardrooms at home and abroad”.

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She added: “Many firms are questioning whether their investment is safe, and some thinking are we next?

“These ideologies from both sides are causing great harm to our economy. Not just in the future but right now.

“To see this, you only have to look at the effect on business investment, which has fallen in five of the last six quarters. Confidence in Britain is faltering.”

However, the Labour leader has defended his proposals and dismissed claims he is “anti-business” and insisted business will see “more investment than you’ve ever dreamed of” under a Labour Government. 

Mr Corbyn said: “It is sometimes claimed that I am anti-business, actually this is nonsense.

“If a Labour government is elected on December 12, you are going to see more investment than you’ve ever dreamed of, you’re going to have the best educated workforce you could ever have hoped for.”

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