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PRIVACY
Economic Development

Birmingham Pride now a firm favourite in the city

Birmingham Pride - one of the major festivals on the city calendar - is taking place this weekend.
Birmingham Pride

Birmingham Pride - one of the major festivals on the city calendar - is taking place this weekend. Graeme Brown looks at the value of the 'pink pound'

The Post welcomed the news of the Conservative Party Conference returning to Birmingham on its front page – with its £20 million boost to the economy lauded by dignitaries up and down the city.

However, an altogether more grass roots event held in the city every year might get less column inches, but it brings in more revenue.

Birmingham Pride, one of the biggest festivals in the lesbian, gay, bisexual, and transgender (LGBT) calendar, will attract about 75,000 people into the city’s restaurants, bars and hotels later this month – a figure that has grown every year.

Festival director Lawrence Barton said that most recent analysis, carried out in 2009, showed that the economic impact of Pride was between £14 million and £20 million – and its popularity has grown significantly since then.

The festival, which grew out of the gay rights movement, has also become more of a commercial success with brands like Barclays and Aston Villa associated with it.

And transport and hospitality companies in the city are bracing themselves for a financial boost across the two-day event, on May 25 and 26.

Mr Barton accepts that the event has become somewhat diluted from its roots as a protest movement, but said greater inclusivity has served Pride well.