With respect to normalisation strategy, the Bank of England has in the past given indications that rate rises would precede any asset sales. According to Governor Carney back in 2013, the first move would be to tighten conventional monetary policy, for some time, or to some degree, before considering adjustments to the size of the balance sheet.
Just last month we published a review of Māori financial services institutions and arrangements (Mcleod and Lam, 2021). We discovered a broad range of innovative solutions to increase financial inclusions, literacy, and security for Māori. Initiatives such as collective marae insurance, and shared equity housing initiatives are helping more and more Māori find success in the financial world.