Why is the UK seeing a record fall in workers’ wages?

A most interesting post as ever from Liberal Conspiracy. Though I have noticed from the graph that the other two big falls in real wages occurred soon after both World Wars so maybe the main reason for it is actually massive levels of debt? The big difference being how the debt was created. Imperialism/Fascism/Neoliberalism?

Why is the UK seeing a record fall in workers’ wages? | Liberal Conspiracy