Damages in Contract?

Question

What is the 'expectation interest' theory for damages in breach of contract (UK). Does Ruxley Electricals best explain it?

Answer 1

I don't know about UK, but expectation interest is probably similar to the US contract damages.

the theory is to put the party in the position they would have been in had there been no breach. If they expected to spend $300 making a product and contracted to sell it for $800, then they expected to make $500 - and that is their expectation damages.