set theDate to (current date)
set theStartDate to theDate
repeat until weekday of theStartDate = Monday
set theStartDate to theStartDate - 1 * days
end repeat
set theEndDate to theDate
repeat until weekday of theEndDate = Friday
set theEndDate to theEndDate + 1 * days
end repeat
set theDate to (date string of theStartDate) & " - " & (date string of theEndDate)
results in:
Monday, 29 October 2018 - Friday, 2 November 2018
Which is a bit more extensive than you asked, but it is a start
Depending on whether you want to use it on iOS as well, you might want to write it in JavaScript which works on both platforms, instead of AppleScript. Brett Terpstra has a JS library and examples here that you could probably adapt easily: