Cheddar and Ale Soup with Potato & Bacon

INGREDIENTS

• 4 slices thick-cut bacon, diced
• 1 medium onion, minced
• 1 small shallot, minced
• 1 medium Yukon Gold potato, peeled and cut into ¼-inch dice
• 1 medium carrot, minced
• 1 small stalk celery, minced
• 1 garlic clove, minced
• 2 tablespoons all-purpose flour
• 1½ cups (one 12-ounce bottle) light-colored ale
• 1 cup chicken stock
• 2½ cups half-and-half
• 1 bay leaf
• Pinch cayenne pepper
• 2 tablespoons dry sherry
• 12 ounces sharp white cheddar cheese, shredded (about 3 cups)
• 1 tablespoon minced fresh thyme leaves
• Salt and ground black pepper, to taste