The report, by an influential House of Lords committee, urges ministers to “do all it can to support its EU partners on the path to closer integration”.   The Committee is worried about the UK becoming “isolated”, to the deterement of the powerful City of London. One expert went as far as to warn that if Britain were to leave the EU, the City could be hit with regulations from Brussels motivated by “resentment” at the UK going it alone. The report, titled ‘Euro area crisis: an update’ from the Lords’ European Union Committee, has just been published. But Patrick O’Flynn, Ukip’s Director of Communications, dismissed the call for further EU integration and said Britain should focus on “sunrise” economies in the rest of the world. He said: “Britain should follow its own national interest. More