The Olympics will boost some Birmingham businesses by more than £100,000, according to a Chamber of Commerce survey.
Seventy-five per cent of the Birmingham Chamber of Commerce Group members who took part in the questionnaire believed that the impact of the London 2012 Games on Birmingham would be beneficial.
Sixty-six per cent predicted that the Games would increase tourism and 100 per cent believed that they would improve the city’s reputation.
Half of businesses expected to benefit financially, with almost a quarter predicting a monetary impact of more than £100,000.
But BCCG president Michael Ward hit out at the Olympic Delivery Authority, which he said “gagged businesses who won contracts, preventing them from shouting about their successes because they were fearful of upsetting official sponsors”.
Despite concerns about absenteeism and access to London costing businesses time and money, only 13 per cent of those surveyed were expecting an increase in absenteeism.
A quarter anticipated that difficulty accessing the capital would have a negative effect on business.
Mr Ward said: “The performance of the athletes at London 2012 has been outstanding and we are delighted that our members believe the Games will have a positive impact on their business.
“As well as the feel-good factor, there have been many instances where our businesses have gained financially, including one which won a catering contract.
“This again underlines that there will be a successful business legacy from the Games.”