Not sure if this is a fungi or from some kind of insect as it was almost like spiders silk.
No identification made yet.
No interactions present.
Rachael, if the bark has been broken away from a dying tree (which it appears so in your photograph) then it could be the Mycelium of a fungal species. Regards
Thanks for the feedback, it was very strange, most of the tree seemed to be covered with this mycelium.
Lat/Lng: 54.6128, -2.9246
OS grid ref: NY403245