Sprinkle beef with salt and pepper.

Heat 1 ½ tablespoon oil in a large casserole pot over high heat until just starting to smoke.

Add ⅓ of the beef and brown aggressively all over - about 4 minutes. Remove to bowl, repeat with remaining beef, adding more oil if required.

Turn down heat to medium high. Add 1 tablespoon oil if required. Add onion and garlic, cook for 2 minutes until onion is softened slightly and golden on the edge.

Add carrot and celery, stir for 1 minute to coat in flavours.

Sprinkle flour evenly across surface, then stir to coat.

Add broth, red wine, tomato paste and Worcestershire sauce. Stir to dissolve tomato paste and flour into liquid.

Add cooked beef (including any juices), thyme, bay leaf and potato. Stir. Water level should almost fully cover everything, if not, add a touch of water.

Bring to simmer, then adjust heat to low/medium low so it's simmering gently.

Cover and cook for 1 hour 45 minutes or until beef is pretty tender.

Remove lid and simmer for a further 30 minutes or until sauce reduces slightly.

Season to taste with salt and pepper.

Serve over creamy mashed potato with a sprig of fresh thyme for decoration or a sprinkle of parsley.