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Mr Wallace also insisted he was confident that the case for the Union would win out against independence in any future referendum campaign.
Commenting on the polls showing a majority in Scotland favour independence, the former MSP said: "I’ve seen all this before.
“The debate around Scottish nationalism, the Union and independence has always, in my experience, fluctuated.
"When it comes down to the brass tacks, in referendum or election campaigns, we find that the arguments unpick and people get serious about the debate."
Nicola Sturgeon's hope for a swift independence campaign were dismantled this morning (Image: GETTY)
Wallace also insisted he was confident that the case for the Union would win out against independence (Image: BBC)

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