He has been defense secretary for four years, helping lead Britain's response to Russia's invasion of Ukraine.
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Wallace, a member of the ruling Conservative party, has been MP for Wyre and Preston North and its predecessor constituency in northwest England since 2005. A general election must be held in Britain within the next 18 months. The Sunday Times said a cabinet reshuffle was expected in September. There had been speculation over Wallace's future in recent weeks. Boundary changes will see his parliamentary constituency scrapped at the next election and he had not publicly sought another seat.Jens Stoltenberg but Stoltenberg's contract was extended this month by another year.
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