Conservative David Reed has slammed Labour’s handling of the economy as “Socialism 101”.Speaking to GB News, the Tory Shadow Defence Minister described Rachel Reeves’s measures as “absolute madness” that are seeing businesses close down. “I think this is absolute madness. Just looking at Labour economics, this is socialism 101 with all these new taxes on businesses,” he fumed. Listing off policies, Mr Reed said: “Employers' National Insurance in…