1. The first female Prime Minister of the United Kingdom, Margaret Thatcher, who was given a life peerage after her retirement from the House of Commons in 1992 (allowing her to use the style Lady Thatcher).
2. According to Jo Brand, a device used to remove pubic hair.
Jo Brand: It was great, actually, when she became "Lady Thatcher", because then she sounded like a device for removing pubic hair.