Brown says British savers will get money from Iceland banks

LONDON -- Prime Minister Gordon Brown says the U.K. will take legal action to recover money held by British savers in branches of troubled Icelandic banks.

Brown told a news conference Wednesday that the government would stand behind the deposits of the British customers. Brown said: "We are showing by our action that we stand by people who save."

Iceland has nationalized two of its major banks, including Landsbanki, the nation's second largest.

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British savers reportedly had deposited millions in accounts through Landsbanki's Internet operation, Icesave, which has suspended withdrawals.