"Figure 3: Despite falling incomes, private non-financial corporations have continued to build up gross capital formation, causing a greater net borrowing position in the latest quarters","" "Changes in the components of private non-financial corporations’ net lending (+) or borrowing (-) position, compared with the corresponding quarter a year ago, £billion, Quarter 1 2017 to Quarter 4 2018","" "","" "Notes","1. Other changes include net capital transfers and acquisitions less disposals of non-produced non-financial assets." "Unit","£billions" "","" "","Gross disposable income","Gross Capital Formation","Other changes" "2017 Q1","8.1","1.2","1.1" "2017 Q2","8.6","0.1","0.5" "2017 Q3","9.2","-1.7","0.9" "2017 Q4","-1.8","1.9","0.0" "2018 Q1","-4.4","-0.9","0.2" "2018 Q2","0.9","2.5","-1.1" "2018 Q3","-3.1","3.1","-1.7" "2018 Q4","-2.9","4.5","-0.8"