Fireball meteor lights up night skies across UK


Soraya Ebrahimi
  • English
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The brilliant fireball seen in night skies above parts of the UK is believed to have been a meteor, experts have said.

The blazing orb was seen in the night sky on Wednesday, with the UK Meteor Network saying it had received almost 800 reports of sightings.

The network said the object, which lasted more than 20 seconds, was “definitely a meteor”.

“We are now 100 per cent confident this was a small part of an asteroid," it said.

People saw the ball of light in the skies above parts of Scotland, northern England and Northern Ireland.

The network said the end of the meteor’s journey was not captured on camera, but that it ended over the North Atlantic Ocean, between 50 kilometres and 100km west of the Isle of Islay, the southern-most island of the Inner Hebrides.

An updated tweet from the organisation read: “It came on an asteroidal orbit and entered the atmosphere at 14.2km a second.

“The observed portion of the trajectory covered over 300km.

“If any meteorites did fall, they ended up in the ocean.”

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Reports starting coming in about 9pm on Wednesday, mainly from Scotland and Northern Ireland.

Danny Nell, 21, was walking his dog in Johnstone, near Glasgow, when he saw the fireball.

“It was strangely enough 10pm on the dot, and I just saw the flash in the sky and pulled out my phone and recorded it,” Mr Nell told PA.

“I thought it may be a firework at first because there was a lot of Scottish football on, but quickly realised it wasn’t and just grabbed my phone to see if I could catch it.”

Steve Owens, an astronomer at the Glasgow Science Centre, saw the meteor as it passed over.

“It was incredible," Mr Owens told BBC Radio Scotland.

"I was sitting in my living room at exactly 10.00 last night and saw out of the window, due south, this brilliant fireball, this meteor streaking across the sky, and I could tell that it was something special because I could see through broken cloud.

“It wasn’t perfectly visible. I could see that it was fragmenting, breaking apart. There were little bits coming off it.

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“Normally, if you see a meteor or a shooting star, they are just tiny little streaks of light, they last for a fraction of a second.

"This one was streaking across the sky for at least 10 seconds — probably longer than that — and it travelled from due south all the way across to the west, so it was a pretty incredible sight.”

He said it was possible it could have landed but it was “highly unlikely” to have done so in Scotland.

“Normally these tiny little streaks of light, these little shooting stars, they all burn up and everything just vanishes and evaporates in the atmosphere, but the thing last night was bigger than a little bit of dust,” Mr Owens said.

“The one last night might have been the size of a golf ball or maybe a cricket ball, maybe bigger than that, so it’s certainly not impossible that bits could have landed.”

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Name: Timothy Husband

Nationality: New Zealand

Education: Degree in zoology at The University of Sydney

Favourite book: Lemurs of Madagascar by Russell A Mittermeier

Favourite music: Billy Joel

Weekends and holidays: Talking about animals or visiting his farm in Australia

The specs: 2018 Ford F-150

Price, base / as tested: Dh173,250 / Dh178,500

Engine: 5.0-litre V8

Power: 395hp @ 5,000rpm

Torque: 555Nm @ 2,750rpm

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The specs: 2018 Chevrolet Trailblazer

Price, base / as tested Dh99,000 / Dh132,000

Engine 3.6L V6

Transmission: Six-speed automatic

Power 275hp @ 6,000rpm

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Fuel economy combined 12.2L / 100km

The specs: 2018 Nissan 370Z Nismo

The specs: 2018 Nissan 370Z Nismo
Price, base / as tested: Dh182,178
Engine: 3.7-litre V6
Power: 350hp @ 7,400rpm
Torque: 374Nm @ 5,200rpm
Transmission: Seven-speed automatic
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Started: September 2023
Founder: Muhammad Khalid
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Initial investment: Undisclosed
Investment stage: Series A
Investors: Core42
Current number of staff: 47
 

 

 

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Tributes from the UAE's personal finance community

• Sebastien Aguilar, who heads SimplyFI.org, a non-profit community where people learn to invest Bogleheads’ style

“It is thanks to Jack Bogle’s work that this community exists and thanks to his work that many investors now get the full benefits of long term, buy and hold stock market investing.

Compared to the industry, investing using the common sense approach of a Boglehead saves a lot in costs and guarantees higher returns than the average actively managed fund over the long term. 

From a personal perspective, learning how to invest using Bogle’s approach was a turning point in my life. I quickly realised there was no point chasing returns and paying expensive advisers or platforms. Once money is taken care off, you can work on what truly matters, such as family, relationships or other projects. I owe Jack Bogle for that.”

• Sam Instone, director of financial advisory firm AES International

"Thought to have saved investors over a trillion dollars, Jack Bogle’s ideas truly changed the way the world invests. Shaped by his own personal experiences, his philosophy and basic rules for investors challenged the status quo of a self-interested global industry and eventually prevailed.  Loathed by many big companies and commission-driven salespeople, he has transformed the way well-informed investors and professional advisers make decisions."

• Demos Kyprianou, a board member of SimplyFI.org

"Jack Bogle for me was a rebel, a revolutionary who changed the industry and gave the little guy like me, a chance. He was also a mentor who inspired me to take the leap and take control of my own finances."

• Steve Cronin, founder of DeadSimpleSaving.com

"Obsessed with reducing fees, Jack Bogle structured Vanguard to be owned by its clients – that way the priority would be fee minimisation for clients rather than profit maximisation for the company.

His real gift to us has been the ability to invest in the stock market (buy and hold for the long term) rather than be forced to speculate (try to make profits in the shorter term) or even worse have others speculate on our behalf.

Bogle has given countless investors the ability to get on with their life while growing their wealth in the background as fast as possible. The Financial Independence movement would barely exist without this."

• Zach Holz, who blogs about financial independence at The Happiest Teacher

"Jack Bogle was one of the greatest forces for wealth democratisation the world has ever seen.  He allowed people a way to be free from the parasitical "financial advisers" whose only real concern are the fat fees they get from selling you over-complicated "products" that have caused millions of people all around the world real harm.”

• Tuan Phan, a board member of SimplyFI.org

"In an industry that’s synonymous with greed, Jack Bogle was a lone wolf, swimming against the tide. When others were incentivised to enrich themselves, he stood by the ‘fiduciary’ standard – something that is badly needed in the financial industry of the UAE."

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Man of the match Harry Kane

Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

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Price: From Dh117,059

Moonfall

Director: Rolan Emmerich

Stars: Patrick Wilson, Halle Berry

Rating: 3/5

Meydan race card

6.30pm: Maiden; Dh165,000; (Dirt) 1,200m
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Updated: September 16, 2022, 5:17 AM