As Mark told us yesterday, Margaret Sharp has retired form her position as a Liberal Democrat member of the House of Lords. Yesterday she made her valedictory speech in a debate on poverty. She emphasised the importance of improving education, making the curriculum more vocationally orientated, as a tool to get people out of poverty. Here is her speech in full:

My Lords, I am grateful to the noble Lord, Lord Bird, for initiating what has proved to be a very timely debate, given the commitment made by our new Prime Minister yesterday evening. I applaud the work the noble Lord has been doing over such a long time with the Big Issue and with fighting poverty. I congratulate him on his determination to use his time in this Chamber to continue that fight

As noble Lords are aware, this is my last speech in this Chamber. I was introduced in October 1998, so I have served nearly 18 years and, as many noble Lords know, I am leaving because my husband has just celebrated his 85th birthday and I want to spend more time doing things with him: going to plays and concerts, travelling, seeing friends, reading books—not papers—and even perhaps watching television more often. In saying farewell, I want to say what a privilege it has been to be a Member of this Chamber over this time and how much I have valued the companionship and intellectual stimulus that it has given me. I would like to add a special note of thanks to the staff of the House: the clerks, many of whom I have got to know through work on Select Committees; the officers under Black Rod who are for ever helpful, patient and courteous; and the catering staff who have looked after me and my guests so well over the years. Thank you very much.

The subject of today’s debate is to take note of the causes of poverty. I have spent much of my time in this Chamber on issues of education, being a Front-Bench spokesperson for the Liberal Democrats between 2000 and 2010 and pursuing in particular the cause of part-time, further and adult education. It therefore seems appropriate that I should say a few words about education, or perhaps more importantly the lack of education, as a cause of poverty. This becomes increasingly relevant in this world of globalisation, where we observe a growing dichotomy between the well-qualified who hold down professional and managerial jobs and those with low or no educational qualifications who move in and out of low-paid jobs, often on zero-hours contracts and earning the minimum wage. Many call it the “hour- glass economy” and it helps to explain the phenomenon we see these days of poverty among those who are fully employed. As I think two other speakers have mentioned—the noble Baroness, Lady Warwick, certainly raised it—it is reckoned that 20% of UK full-time employees are in low-paid jobs and 1.5 million children live in families with working parents who do not earn enough to provide for their basic needs.