Far from bloody good job! (8)

I believe the answer is:

welldone

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'far from bloody' is the definition.
I know nothing about this answer so I cannot tell whether it can be defined by this definition.

'good job' is the wordplay.
'good' becomes 'well' (synonyms).
'job' becomes 'done' (I can't explain this - if you can you should give a lot more credence to this answer).
'well'+'done'='WELLDONE'

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I've seen this clue in The Guardian.

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