According to yesterday's Birmingham Post, the papal visit will bring £12.5m into the city's economy. The figure comes from the city councillor who is coordinating the event, Alan Rudge, who says:
And the cost to the city's taxpayers? Just £80,000.This is a once in a lifetime opportunity for the city, a momentous event. And aside from the significance of his visit, there will be an economic gain to the city of about £12.5 million. This is good for the city.
See also: 'Papal visit windfall for Edinburgh'.