It is not helpful for the Treasury’s startup bailout fund to prop up companies that would have failed with or without the coronavirus crisis, says venture capitalist Eileen Burbidge.

Burbidge, a partner at Passion Capital, who also acts as the UK Treasury’s Fintech Envoy told Financial News that while it is not necessarily helpful to boost companies that wouldn’t otherwise have succeeded anyway — certainly with taxpayer money — it “is impossible for the government to make that call or to know where that line is”.