LONDON (AFP) — British Prime Minister Gordon Brown on Sunday vented his anger that other countries ignored his plan for averting global financial crises.
Brown said he was annoyed that other governments had not agreed to implement cross-border supervision of banks, some 10 years on since he had first argued the case.
Brown, who was Britain's finance minister for a decade under Tony Blair until June 2007, has won international praise for his swift action plan for dealing with the current worldwide credit crunch.
"We could have dealt with some of these problems if we'd known what was happening to the sub-prime market in the States, but we didn't have the global early warning system," Brown told BBC television.
"I have been pressing for this for years. I actually think we'll now get the changes that are necessary.
"But while we wanted to go ahead with these changes, other countries did not.
"What I'm angry about at the moment is that the proposals we've been putting forward for years, which might have helped deal with the problem, have not yet been implemented.
"But I'm pretty sure that as a result of what people are seeing now, the British proposals will be taken on board."
He added that Lloyds TSB's proposed takeover of rival high street banking group HBOS was not yet a certainty.
"It may be in the next few days someone will come forward and say they can afford to buy HBOS and leave it independent but until now nobody has come forward," he said.
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