Cheltenham ), also known as Cheltenham Spa, is a spa town and borough in Gloucestershire, on the edge of the Cotswolds in the South-West region of England. It has an image of being respectable and wealthy, and is the home of the flagship race of British steeplechase horse racing, the Gold Cup, the main event of the Cheltenham Festival held every March. The town hosts several festivals of culture.The town was awarded a market charter in 1226, and has been a health and holiday resort since the discovery of mineral springs there in 1716. Horse racing began in Cheltenham in 1815, and became a major national attraction after the establishment of the Festival in 1902. On 1 April 1974, under the Local Government Act 1972, the borough of Cheltenham was merged with Charlton Kings urban district to form the non-metropolitan district of Cheltenham. Four parishes — Swindon Village, Up Hatherley, Leckhampton and Prestbury — were added to the borough of Cheltenham from the borough of Tewkesbury in 1991.Cheltenham has light industry, including food processing, aerospace, electronics and tourism businesses. The Government's electronic surveillance operation Government Communications Headquarters (GCHQ), renowned for its "doughnut-shape" building, is in Cheltenham. Vertex Data Science, GE-Aviation, Dowty Rotol, Chelsea Building Society, Endsleigh Insurance, Nelson Thornes, UCAS (Universities & Colleges Admissions Service), Kohler Mira, Zurich Financial Services and Spirax Sarco all have sites in and around Cheltenham.Cheltenham is a regional shopping centre, home to several shopping centres and department stores, the oldest being Cavendish House from 1823. It is well-known locally for its nightlife, with a wide range of pubs, wine bars, clubs and restaurants. It has a Michelin two-star restaurant, Le Champignon Sauvage.