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Describing the Pure Economic Loss Suffered in Spartan Steel

Question 4

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Describing the pure economic loss suffered in Spartan Steel & Alloys Ltd v Martin & Co (Contractors) Ltd [1973], Lord Denning MR outlined the policy reasons why he believed that such loss should not be recoverable following something like a power cut, saying: '…most people are content to take the risk on themselves.
When the supply is cut off, they do not go running round to their solicitor. They do not try to find out whether it was anyone's fault. They just put up with it. They try to make up the economic loss by doing more work next day'.
He added that this 'is a ______ _______ which the law should encourage' (at 38).

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