Honey fungus - Armillaria mellea

Honey fungus is the common name given to several different species of fungi (Armillaria) that attack and kill the roots of many woody and perennial plants. The most characteristic symptom of honey fungus is white fungal growth between the bark and wood usually at ground level. Clumps of honey coloured toadstools sometimes appear briefly on infected stumps in autumn.

 

You'd not want to find this in your garden.

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