en Wallace has mentioned he'll step down as Defence Secretary through the subsequent Cabinet reshuffle.

The MP - who has been within the Cabinet function for greater than 4 years, serving below three prime ministers - then plans to step again from politics completely by to not standing within the subsequent common election, he has advised the Sunday Times.

But Mr Wallace reportedly has no plans to step down forward of an election, and set off a by-election in his Wyre and Preston North constituency.

“I’m not standing next time,” he advised the Sunday Times.

“I went into politics in the Scottish parliament in 1999. That’s 24 years. I’ve spent well over seven years with three phones by my bed.”

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Mr Wallace stays supportive of Rishi Sunak and the Government and his departure isn't understood to be associated to the Conservative Party’s present challenges.

He advised the prime minister of his plans to step down on June 16.

It is believed the subsequent Cabinet reshuffle might happen in September.

Regarding what the longer term would possibly maintain for him as soon as he has stepped again from politics, Mr Wallace advised the Sunday Times: “I’m quite happy to go and work at a bar.

“I feel quite fulfilled, and that gives me lots of options. I sometimes think I’d just like to go and do things I love, like Formula One or horse racing — just do something completely different.”

Mr Wallace has performed a key function within the UK’s response to Russia’s invasion of Ukraine and was an in depth ally of Boris Johnson.

Mr Wallace had expressed an curiosity in standing for the function of Nato secretary-general earlier than it was introduced the present chief, Jens Stoltenberg, had been given one other yr in cost.

He advised The Economist there have been a “lot of unresolved issues” within the army alliance and “it’s not going to happen”. He later downplayed the prospect of a future bid to run the organisation.

Last week, the Prime Minister shut down feedback from Mr Wallace through which he advised Ukraine ought to present “gratitude” for the army assist it had been given.

Mr Wallace had made the comment after the nation’s President Volodymyr Zelensky branded it “absurd” for Nato to insist there have been nonetheless situations for his nation to fulfill earlier than it could possibly acquire membership as soon as the struggle with Russia is over.

Mr Zelensky later mentioned: “I believe that we were always grateful to United Kingdom.

“I don’t know what he meant and how else we should be grateful.”

Popular inside the Tory social gathering, Mr Wallace is the longest constantly serving minister in Government, having been safety minister below Theresa May earlier than being promoted to Defence Secretary by Mr Johnson and persevering with the function below his two successors.

He was beforehand appointed as a whip in 2014 and a junior minister within the Northern Ireland Office in 2015 whereas David Cameron was prime minister.

The Wyre and Preston North MP dominated himself out of the operating for the Conservative management final yr, regardless of being an early frontrunner within the race to switch Mr Johnson.