We report on the XMM-Newton observation of the bright Seyfert 1 galaxy, MCG+8-11-11. Data from the EPIC/p-n camera, the Reflection Gratings Spectrometers (RGS) and the Optical Monitor (OM) have been analyzed. The p-n spectrum is well fitted by a power law, a spectrally unresolved Fe Kalpha line, a Compton reflection component (whose large value, when compared to the iron line equivalent width, suggests iron underabundance), and absorption by warm material. Absorption lines are apparent in the RGS spectra, but their identification is uncertain and would require large matter velocities. The UV fluxes measured by the OM are well above the extrapolation of the X-ray spectrum, indicating the presence of a UV bump. ; Comment: 7 pages. Accepted for publication in Astronomy & Astrophysics