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Chicago Mayor Lori Lightfoot is speaking about the city’s “rich economy” in Europe, amid rising crime and unfriendly business practices, with major companies announcing their departure.
“Chicago’s economy is growing and our business sector has set records to make it competitive with international financial cities,” she told a news conference in London this week.
“Chicago’s economy is growing and it is poised to create better economic recovery than any other major city in the country,” the statement added.
Lightfoot introduces Fintech Week 2022 London Speech and Chicago Financial Technology Industry, which said in a press release that “it has established itself as a hub for Fintech companies looking to grow.”
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In this file photo, Chicago Mayor Lori Lightuth speaks at an alternative care facility at McCormick. (The Chicago Tribune News Service by Getty Images)
Chicago has not been the center of growth for many corporations in recent months.
Last month he announced that he was billionaire Ken Griffin Moving his hedge-fund organization He left Chicago, citing crime as a major threat in the past few months.
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“People will not live here unless they are safe,” Griffin said. He told the Wall Street Journal. In April. “Several colleagues were armed. One of my co-workers was stabbed on the way to work. There are countless thefts. I mean, this skill is a very strong background to your city.”
Aerospace manufacturer Boeing and Construction giant Caterpillar also announced this year Moving their headquarters From the Chicago area.
“The last thing we want is enough,” Chicago business owner Gary Rabin told Fox News Digital last month. “We stopped working there, for the gas company, for the electric company, for the South Side, for the West and finally for the whole of Chicago. Those companies are now working elsewhere. They work on the Wisconsin border. The safer Chicago suburbs.
The famous Willis Tower in Chicago, formerly known as Sir Tower, is a hot summer day in Chicago, Illinois, USA (Estoc)
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In addition to the impact of crime on small businesses in Chicago, the city’s overall business climate has fallen by some measure.
CNBC ranked Chicago’s economy the third-largest business in the country by 2021, and The Illinois Institute of Politics reported last month that Illinois’s business climate had dropped by 10 places in the past five years.
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Littlefut has been criticized for shutting down businesses in Chicago during the cholera epidemic and has imposed strict immunization orders on local institutions as they try to recover.
Chicago Mayor Lori Lightuth speaks at a science initiative at the University of Chicago, Illinois (Reuters / Camille Krzachinski – Reuters)
The Literature office did not immediately respond to a request from Fox News for a digital comment.
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