For once I can read the label on the bottom of this quite tiny teddy. He was bought in Cirencester, Gloucestershire, though exactly when I cannot tell. I spent a weekend there in the early 1990s and then lived near there from 1994 - 1999. I remember it very fondly indeed.
Vital statistics - he is nearly 3 cm tall and 2cm wide at the widest point (which includes the dog). The dog must be meant to be a Scottie or a Westie or something, though proportionally he would be the size of a dalmatian I think! Unless teddy is a toddler :)
Lots of nice places to walk a dog in Cirencester.