Man says he is unable to get to job due to bus cut
UnLtd provides employment and social activities for people with disabilities and puts on an accessible bus which helps them get to work.
Lee Vaudin, 46, said: "It means a lot to me to actually get here [to work] because I get paid a wage for doing what I do. The Ron Short bus comes to pick me up in the morning and take me back at night. If there is no way of getting in, I can't come."
However, the States of Guernsey said there were other options for islanders like the Voluntary Car Service and Income Support payments, which could be used to cover travel costs.
More news stories for Guernsey
Listen to the latest news for Guernsey
The UnLtd service was introduced in 2022 following a States push for improved accessibility.
Organisers said for the last seven months it had been propped up by the Ron Short Centre reserves, in the hope the service would receive a grant.
However, their application to the Social Investment Fund was denied.
The fund gets applications from different charities and it decides which to offer money.
The bus service will stop from 1 July.
Bus driver, Nick Darrieulat, 51, said the service was "essential, otherwise these people would be stuck at home 24/7, and just getting depressed, [but] this gives them the opportunity to have a life".
"When I arrived on the island, I was asked to do this job and it changed my life.
"Losing it, or the threat of losing it, means that I lose a whole new family plus my ability to survive on this island."
Marc Winn, innovations director at the Ron Short Centre, said: "Having a disability is often very isolating and this maybe one of the only places that people can go and be transported to in their week.
"Its a hugely vibrant and wonderful place but it actually costs money to deliver those services and bring people here."
The States said it wanted to reassure islanders there was help available in getting to and from essential appointments.
It said it included the Voluntary Car Service, which was available through Health Connections, and people struggling with the costs of transport could also apply for Income Support.
Follow BBC Guernsey on X and Facebook and Instagram. Send your story ideas to channel.islands@bbc.co.uk.
Charity to end disability bus service over funding
'Lack of accessibility makes you feel left out'
Mobility scooter user slams lack of improvements
Businesses urged to speed up access improvements
States of Guernsey - Social Investment Fund
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Warren Buffett Just Issued a $344 Billion Ominous Warning to Wall Street -- but Are Investors Paying Attention?
Key Points The Oracle of Omaha has crushed the benchmark S&P 500 over the last 60 years, which is why so many investors follow his every move. Buffett's investing prowess is his gift, which makes Berkshire Hathaway's rising cash balance all the more ominous. Patience tends to be one of Buffett's most-powerful investing tools. 10 stocks we like better than Berkshire Hathaway › Wall Street is chock-full of recognizable analysts and fund managers. However, none has the ability to garner the attention of professional and everyday investors quite like the Oracle of Omaha, Warren Buffett. Since grabbing the reins as CEO of Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) 60 years ago, Buffett has overseen a 5,637,640% cumulative return in his company's Class A shares (BRK.A), as of the closing bell on Aug. 8. When you handily outperform the benchmark S&P 500 (SNPINDEX: ^GSPC) -- the S&P 500 has gained approximately 42,500%, including dividends, over six decades -- you're bound to be noticed. But as an investor, you have to learn to take the bad with the good. While investors frequently look to Berkshire's billionaire boss for ideas as to which stocks to buy, a seemingly unstoppable stock market rally has them overlooking a $344 billion ominous warning Buffett just issued. The Oracle of Omaha's warning to Wall Street is unmistakable Berkshire Hathaway's more than 5,600,000% gain spanning six decades didn't occur by accident. It's a reflection of Buffett and his team, which included trusted right-hand man Charlie Munger until his passing in November 2023, laying the foundation for a business that can thrive in virtually any economic climate. Since taking the lead role, the Oracle of Omaha has overseen in the neighborhood of five dozen acquisitions. He's also responsible for managing a $293 billion portfolio, which is spread across more than three dozen stocks. It's this portfolio that investors eye like a hawk. Buffett has snagged some incredible deals hiding in plain sight during his tenure as CEO. Apple, Bank of America (NYSE: BAC), American Express, and Coca-Cola have individually generated tens of billions of dollars in unrealized gains, to go along with bountiful dividend income. There's an expectation from investors that Berkshire's billionaire chief will continue to put his company's treasure chest to work in great businesses. However, this expectation has fallen flat for nearly three years -- and it serves as an unmistakable warning to the investing community. When Berkshire Hathaway lifted the hood on its quarterly operating results on Aug. 2, the company's cautious tone on tariffs took center stage. But there's another figure in Berkshire's report that's far more ominous and telling: $344.1 billion. This is the total cash, cash equivalents, and U.S. Treasuries Berkshire Hathaway had on its balance sheet when June ended. Though this figure is actually 1% below the all-time high of $347.7 billion in cash, cash equivalents, and U.S. Treasuries reported at the end of March, it's more than triple the $105.4 billion that was on the balance sheet when June 2022 came to a close. While positive operating cash flow from Berkshire's roughly five dozen owned businesses has provided a boost to the company's mammoth cash pile, being a net seller of stocks for 11 consecutive quarters, to the tune of $177.4 billion, is the primary culprit. Berkshire Hathaway's growing cash pile is plain-as-day evidence that Buffett is struggling to find value amid a historically pricey stock market. Buffett's favorite valuation measure, the market-cap-to-GDP ratio (commonly known as the "Buffett Indicator"), hit an all-time of more than 210% in late July, which represents a nearly 150% premium to its average reading when back-tested to 1970. Berkshire's $344 billion treasure chest is a not-so-subtle warning from Buffett that premium stock valuations probably aren't sustainable. Patience is one of the most-powerful tools on Wall Street There's certainly justification to the premise that stocks are incredibly pricey, beyond just the Buffett Indicator. The S&P 500's Shiller price-to-earnings (P/E) ratio, which is also known as the cyclically adjusted P/E Ratio, or CAPE Ratio, hit its third-priciest multiple during a continuous bull market when back-tested 154 years! It's truly become challenging to find price dislocations on Wall Street. Though some investors are probably irritated by the Oracle of Omaha's lack of buying activity since October 2022, being patient and waiting for stock valuations to fall into his wheelhouse is a foundational aspect of Buffett's investing strategy. Spanning 60 years, Buffett has seen a lot. He's navigated his fair share of bubbles and premium valuation events, as well as numerous bear markets and a handful of stock market crashes. Throughout these ebbs-and-flows, he's stuck to his thesis of never betting against America and has focused his attention on buying stakes in great businesses at a fair price. At the end of the day, Buffett and his investment team are well aware that the U.S. economy and stock market tend to grow over time, which is why Berkshire Hathaway's investment portfolio is angled to take advantage of these disproportionately long periods of economic growth. One of the best examples of Buffett's patience paying off handsomely for his company occurred in the summer of 2011. Shortly after the depths of the financial crisis, Berkshire's chief infused $5 billion into Bank of America in return for BofA preferred stock that yielded 6% annually. Though $300 million in annual dividend income was great, the real value in this deal was the BofA stock warrants Berkshire received. During the summer of 2017, Berkshire exercised its warrants for 700 million shares of Bank of America common stock at $7.14/share. The day these warrants were exercised, Berkshire enjoyed a $12 billion windfall -- and shares of BofA have continued to climb since these shares were purchased. Though there's uncertainty as to when Buffett or CEO successor Greg Abel will put a good chunk of Berkshire Hathaway's capital to work, there's no mistaking that this patient approach has been fruitful for the company and its shareholders. Should you invest $1,000 in Berkshire Hathaway right now? Before you buy stock in Berkshire Hathaway, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Berkshire Hathaway wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $653,427!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,119,863!* Now, it's worth noting Stock Advisor's total average return is 1,060% — a market-crushing outperformance compared to 182% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of August 11, 2025 American Express is an advertising partner of Motley Fool Money. Bank of America is an advertising partner of Motley Fool Money. Sean Williams has positions in Bank of America. The Motley Fool has positions in and recommends Apple and Berkshire Hathaway. The Motley Fool has a disclosure policy. Warren Buffett Just Issued a $344 Billion Ominous Warning to Wall Street -- but Are Investors Paying Attention? was originally published by The Motley Fool
