Homepage not showing on 3.2 upgrade

I need help. I have updated my wordpress website with simple catch theme 3.2v, everything else on the website is working, however it will not show the homepage and will only show the blog as the homepage? strange Does anyone have any idea to resolve this. I have currently had to revert the my previous version show it is up. my website is: http://www.mymoneycomparison.com Thanks