Brexit And App Development In UK
“Britain is better off inside the EU than out on our own. At the heart of that is the single market. 500 million customers on our doorstep, a source of so many jobs, so much trade and such a wealth of opportunity for our young people.”
— David Cameron (Britain’s Prime Minister)
This was the stand of Prime Minister David Cameron about Brexit. Brexit is short for Britain Exit. Britain, based on their votes on the 23rd of June 2016, has decided to leave the EU (European Union). The EU is a politico-economic union of 28 member states that are located primarily in Europe. The EU has developed an internal single market through a standardised system of laws that apply in all member states. EU policies aim to ensure the free movement of people, goods, services, and capital within the internal market, enact legislation in justice and home affairs and maintain common policies on trade, agriculture, fisheries, and regional development.
It is understandable why almost half voted not to leave the EU because leaving the EU would mean a lot of things:
- Products, technology, food, or anything else Britain produces lose its easy entry into other European countries because they don’t follow the same rules anymore. They might have the same standards but there’s no agreement anymore.
- Immigration or moving across borders will be tougher and will need to go through a process.
- Instead of talking to different countries, the US trades and negotiates to the EU but Britain may not be part of the trade discussion anymore.
- Multinational companies have their headquarters mostly in London, but they might consider transferring them to other countries under the EU which may lead to job losses in Britain.
So how would Brexit affect the app and software development in the UK?
According to reports, UK pound crashed to its lowest level since 1985 and global markets were affected, thus the greatly hit was the majority of app developers working with UK clients. But some believe that Brexit will allow all UK app developers an opportunity to easily expand their venture in and out of UK without restrictions from the EU. It is expected that there will be the positive and negative impact on UK’s tech and app industry, but it depends on the people there on how they will survive and fight the trials that the changes have brought the UK. After all, we all have our instincts to survive.
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