Brexit will split financial markets, says Bank of England appointee

FILE PHOTO: A man walks past the Bank of England, following the outbreak of the coronavirus disease (COVID-19), in the financial district of London, Britain July 17, 2020. REUTERS/Hannah McKay

LONDON (Reuters) - Brexit will make markets less efficient but it won't be disastrous for Britain's economy, an appointee to the Bank of England's Financial Policy Committee (FPC) said on Monday.

Britain left the European Union in January, with transition arrangements that afford continued full access to the bloc ending in December.