The Final of the second World Test Championship cycle (2021-2023) is to be played next year. While some teams are already out of contention, other teams are presenting their case to make it to the finals. England whitewashed New Zealand 3-0 and will face off against India in the rescheduled fifth test to be played at Edgbaston from July 1st.
Before the 3-match test series between England and New Zealand, England were already out of contention with only 1 win in 12 matches. Even if England goes on to win the remaining test against India, completely whitewash South Africa at home and beat Pakistan away this season, they'd still reach a points percentage of 50, and won't be able to make it to the top 2.
Defending champions New Zealand were also more or less out of the contention with only 2 wins in 6 matches, and with a 0-3 loss against England, the Kiwis are all but eliminated. The maximum points percentage they can attain now is 50.