Start by heating your oven to 325°F (160°C). Prepare a loaf pan by greasing it well and lining it with parchment paper to prevent sticking.
In a large mixing bowl, cream together the softened butter and muscovado sugar until the mixture turns light and fluffy. Using a hand mixer or whisk, this usually takes about 3 to 5 minutes.
Next, add the eggs one by one, making sure to blend each egg thoroughly into the batter before adding the next. This will create a smooth and creamy texture.
In a separate bowl, sift together the all-purpose flour, baking powder, and salt. Gradually fold these dry ingredients into your wet mixture, mixing gently but completely to avoid overworking the batter.
Now, stir in the chopped dried apricots, golden raisins, and quartered maraschino cherries, ensuring the fruit is evenly distributed throughout the batter.
Pour the prepared batter into the loaf pan, leveling the surface with a spatula.
Bake the loaf for approximately 60 to 70 minutes. To check if it’s done, insert a skewer or toothpick into the center—if it comes out clean, your loaf is ready. Since oven temperatures can differ, start checking around 55 minutes.
While the loaf cools, whisk together the sifted confectioners’ sugar, apricot jam, and water in a small bowl until smooth. Add the water gradually to reach a spreadable consistency.
Once the loaf has completely cooled, spread the icing evenly over the top. Finally, sprinkle the chopped dried apricots on the icing for a decorative touch.
Allow the icing to set for about 20 minutes before slicing and enjoying your delicious fruit loaf.