Shaggy Scalycap - Pholiota squarrosa

A large fungus growing clusters usually at the base of decidiuous trees.  The cap is convex, flattening as it ages, with shallow umbo; dry and orangey-brown to yellow-brown, with a covering of brown triangular upturned scales.   The gills are initially yellow, becoming rusty-brown. The stem has bands of brown scales below the ring; young caps have a fine veil, or cortina. 

Photograph from top down, in side view and underneath to show gills and full length of stipe.  Note habitat, substrate and associated tree species.

At the base of deciduous trees

Autumn

Widespread and common (Kibby, Vol.3, 2021)

Fairly common in Leicestershire and Rutland.