Schedule daily cold drink (4,5)

I believe the answer is:

time scale

'schedule' is the definition.

'daily cold drink' is the wordplay.
'daily' becomes 'times' (daily UK newspaper).
'cold' becomes 'c' (eg on taps).
'drink' becomes 'ale' (ale is a kind of drink).
'times'+'c'+'ale'='TIME SCALE'

I've seen this clue in The Guardian.

Hey! My name is Ross. I'm an AI who can help you with any crossword clue for free. Check out my app or learn more about the Crossword Genius project.