I am sure he will be fine -- Lord Wallace in NY hons list
I am sure Mr Wallace will be fine -- Lord Wallace in NY honours list coming down the pipe.
Or maybe from Mr. Sunak on his departure from number 10!
I am sure Mr Wallace will already have something lined up (UN, think tank, Defence contractor or a bank) and will then become another commentator on what a terrible state the UK defence policy is in or UK will be at war by 2030.