Cryptic crossword clue
———- shines and the lough is lit up 10

The most common and most likely answer to this crossword clue is the 10 letter word LIGHTHOUSE

I've seen this crossword clue in Financial Times
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The cryptic/wordplay part
In cryptic crossword there's often an wordplay/cryptic part as well.
This part involves a more complex hint, such as an anagram, homophone, hidden word, etc.
Sadly, We don't have an explanation for this specific crossword clue yet.

What does LIGHTHOUSE mean?

LIGHTHOUSE noun
  1. A tower or other structure exhibiting a light or lights to warn or guide sailors.

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