Japan could lose more than £11billion if the Tokyo Olympics are cancelled over coronavirus fears, while private firms face further losses of more than £6billion, it is feared. The £9.6billion bill for the Olympics including huge taxpayer spending on a new national stadium would be regarded as wasted if the Games are cancelled. In addition, experts say that Japan's tourism industry could suffer a £1.7billion blow if the expected millions of spectators do not materialise - bringing Japan's total losses to £11.3billion. On top of that, private companies have already shelled out billions for sponsorship and media contracts while the...