We present the first results from a 325-ks observation of the Seyfert 1 galaxy MCG–6-30-15 with XMM-Newton and BeppoSAX. The strong, broad, skewed iron line is clearly detected and is well characterized by a steep emissivity profile within 6rg (i.e. 6GM/c2) and a flatter profile beyond. The inner radius of the emission appears to lie at about 2rg, consistent with results reported from both an earlier XMM-Newton observation of MCG–6-30-15 by Wilms et al. and part of an ASCA observation by Iwasawa et al. when the source was in a lower flux state. The radius and steep emissivity profile do depend however on an assumed incident power-law continuum and a lack of complex absorption above 2.5 keV. The blue wing of the line profile is indented, either by absorption at about 6.7 keV or by a hydrogenic iron emission line. The broad iron line flux does not follow the continuum variations in a simple manner.