Pre-heat oven to 180 degrees celsius (fan-forced).
Grease and line a loaf tin (24 x 14cm)
Rub chopped butter (straight from fridge) into flour.
Add the salt and sugar and combine.
Combine milk and well beaten egg before adding to the dry ingredients. Stir well to combine. Use a whisk if necessary to form a batter with a smooth consistency.
Add sultanas and peel/cherries and mix well.
Pour into loaf tine and bake for half an hour.
Allow to cool for 5-10 minutes before removing from tin.
Icing and Decorating
Combine hot milk and icing sugar to a smooth consistency. Pour over the cake as soon as you remove it from the tin while it's still warm.