That is an odd one EgnitFC but not to worry, we'll get you sorted.
Have you tested any other game to see if you have the same issue?
From the image you shared, this could be several things, HDMI cable failure, Xbox overheating or you have HDR or similar settings on your system/TV and they are way out of whack.
Are you able to access your TV settings and play around with contrast and colour settings to see if you can improve it to the point where you can navigate the menus in-game and on the console.
From here, you can play around with your video settings to see if it makes a difference.
Darko